Dáil debates

Wednesday, 22 June 2022

Ceisteanna ó Cheannairí - Leaders' Questions

 

12:12 pm

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

It is a pity that the Minister spent most of his time making attacks. People do not want to hear attacks back and forth; they want us to discuss solutions. I have a couple of facts for the Minister. First, 82% of planning permissions in Dublin city in 2020 were for build to rent schemes, which are exclusively bought by investment funds so there is no individual purchase in that. More than €100 million was spent last year by investment funds in buying up houses. Last year, not a single affordable purchase home was delivered by the Government; it was only 65 cost rental homes. The reality in home ownership is that the level of it continued to fall last year. Fewer than 6,000 new build homes were available for individuals to buy, which has fallen on previous years. Will the Minister act decisively to ban investment funds from bulk buying homes and will he include apartments in that ban?

Comments

No comments

Log in or join to post a public comment.