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

Can the Minister explain why he is charging people purchasing homes under his so-called affordable purchase scheme more than the actual cost of delivering those homes? As he knows, he uses open market value rather than full or all-in development costs. This means that if people want to own their homes outright, they do not just have to pay the full cost that the local authority or Land Development Agency, LDA, had to pay to deliver them, in some cases they are obliged to pay between €50,000 and €80,000 more. Why is the Minister using open market value and not all-in development costs?

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