Dáil debates
Wednesday, 7 October 2020
Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation
12:50 pm
Cian O'Callaghan (Dublin Bay North, Social Democrats) | Oireachtas source
The programme for Government commits to an affordable housing scheme. The Minister, Deputy Darragh O'Brien, has flagged that this will involve a shared equity scheme, presumably to be announced in the budget on Tuesday. There is a real danger that a shared equity scheme could lead to house price inflation and developers pushing up prices of new build homes. Given that there is a big gap between what the developers say are construction costs and what independent experts say are construction costs, what action will the Government take and what measures will be put in place to prevent a shared equity scheme pushing up house prices to ensure that housing is affordable?
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