Friday, 4 June 2021
Affordable Housing Bill 2021: Committee Stage (Resumed)
These amendments are related. I will go back to my point that cost rental has to do two jobs in our market. One job is about the tenants living in cost rental units. The other job is to calm the market overall. That means we must have supply of houses across all of the different elements of this Bill. From our perspective, we must have supply of cost rental. Everything has to be managed to an extent. We have to think about the long term and how many units per year we can get in order to achieve that second piece of the puzzle.
To go back to the first piece of the puzzle, we are constantly talking about the Vienna model in this Chamber. It is fantastic to see it come to pass and it is historic. If one goes into a cost rental unit aged 20, one would not want to be put out of it aged 50 or 60, however. We need to be looking at the length of the tenancy and considering tenancies in perpetuity. Is there some way we can ensure that the children of those who originally got the tenancy can continue it, should they meet the requirements? Will the Minister of State look at that? People are living longer. We do not want a situation where, as one is getting older, one would be worrying about being put out of a cost rental unit when one needs security of tenure.