Conor Sheehan (Limerick City, Labour) | Oireachtas source

I did not hear anything specific in the Minister's reply in regard to what the Government is actually going to do to get us out of this quagmire we are in. I want to follow that up by asking about apartment delivery. We have a specific issue with apartments. It was revealed this morning in The Irish Times that the croí cónaithe city scheme had only delivered 17% of its target. It has delivered nothing in Limerick, the city I represent. Rents in Limerick rose by 19% last year and Limerick had the largest increase nationwide in terms of house prices.

How does the Minister propose to make apartment construction, particularly outside of Dublin, viable again? What new measures does the Government intend to introduce? We know that section 23 did not work during the boom, but we clearly need to do something because apartment approvals dropped by nearly 40% last year.

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