Dáil debates

Tuesday, 10 May 2022

An tOrd Gnó - Order of Business

 

3:35 pm

Photo of Mary Lou McDonaldMary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source

I want to ask the Taoiseach about the Government's plan to pay big developers up to €120,000 per apartment they build. This has people shaking their heads in disbelief. Essentially, it means the Government proposes to give €450 million of taxpayers' money to a few developers. This is astonishing. What is more astonishing is that there will be no cut in the price of those apartments, which the developer will put on the market for anything between €400,000 and €600,000. This is way beyond the reach of ordinary workers and families. This is the transfer of million of taxpayers' money to developers with no public benefit at a time when local authorities and housing bodies are crying out for funding. How does the Taoiseach justify a misguided policy such as this?

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