Aodhán Ó Ríordáin (Dublin Bay North, Labour) | Oireachtas source

I thank the Minister for his detailed reply. I appreciate that he will circulate the tabular information. I refer to the potential for different housing models. I made reference to this issue while speaking to the Sinn Féin motion on affordable housing. I acknowledge that the Minster spoke about affordable purchase previously. We previously discussed the idea of a rent-to-buy scheme and the Minister stated he would look into it. There is potential within the LDA model for that type of scheme to be pursued. We previously discussed the scheme that was abandoned ten years ago when the crash came but which had helped certain families.

The current situation is that couples and individuals in Dublin and elsewhere cannot rent and save at the same time. If they are renting, that uses up all their disposable income and they cannot save for a deposit.

Is there potential within the LDA model for a rent-to-buy scheme? I previously discussed the details of such a scheme. It could involve three years of rental, after which one would have a chance to put the rent paid towards a deposit, to keep renting or to leave the scheme. Is that type of model something the Minister could consider within the framework of his proposals?

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