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

With the greatest of respect Minister, any arrangement concerning management fees is not going to deal with the central problem now being experienced by Dublin City Council which, of course, is the cost of units that are acquired. Whether those turnkeys are developed from the ground up or are at any other stage of development, the cost is more than €400,000. As the Minister is aware, there has been some media commentary regarding correspondence between him and Bartra, in the context of the company seeking to charge somewhere - we do not know the full figures - between €400,000 and €440,000. Under the current scheme, that would mean cost rents of €1,600, €1,700 and €1,800 a month.

Neither the Minister nor anybody on the Opposition benches would support that.

My specific question, which I will ask again, is whether the Minister is looking at any further changes to the way in which the cost-rental equity loan is currently operating to ensure the delivery of affordable cost-rental in Dublin city this year and next year. So far I have not heard the Minister indicate that he is.

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