Cian O'Callaghan (Dublin Bay North, Social Democrats) | Oireachtas source

I want to ask the Tánaiste about the Government's plan to give €450 million in subsidies to developers to build apartments. Analysis from the Business Postshows that these apartments will be sold at prices that only people on the top 14% of incomes would be able to afford. They will be sold at full market prices; they will not be affordable. Yesterday, I put three questions to the Minister for Housing, Local Government and Heritage. I asked if developers lobbied for this scheme, why there were no cost-benefit analysis, economic evaluation or regulatory assessment and what level of profits for developers would be guaranteed and underpinned by this scheme. The Minister did not give answers to any of my questions. If the Government plans to give €450 million of the public's hard-earned money to developers, the least the public deserve is to get answers to these questions. Will the Tánaiste answer any of them?

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