Dáil debates

Tuesday, 25 May 2021

Ceisteanna ó Cheannairí - Leaders' Questions

 

2:10 pm

Photo of Eoin Ó BroinEoin Ó Broin (Dublin Mid West, Sinn Fein) | Oireachtas source

It is revealing that the Minister did not at any stage say that it is wrong for taxpayers' money to be given to large developers who do not need it to build houses and apartments that will be sold to large institutional investors who will charge working families rip-off rents. That is either right or wrong. I would like to hear the Minister's response in respect of it.

The Poolbeg strategic development zone is in the Minister's constituency. This is another example of the failed Government housing policy. Thousands of homes are going to be developed in this area for the high-end high-priced build-to-rent sector. We now have a situation where, because of the Government's failure last week to include apartments in the planning and tax changes, the 550 affordable homes guaranteed in that strategic development zone are in jeopardy. Can the Minister tell us whether he believes it is wrong for taxpayer's money to go to big developers to build developments that will be sold to institutional investors to be rented at sky-high rents? What is he going to do, particularly with respect to including apartments in the measures on planning and tax announced last week, to ensure that the 550 affordable homes that are supposed to be delivered for voters in his constituency will actually be delivered and will not go to large institutional investors, thereby ensuring that people will have to continue to pay rip-off rents?

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