Written answers

Tuesday, 28 September 2021

Department of Housing, Planning, and Local Government

House Prices

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein)
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124. To ask the Minister for Housing, Planning, and Local Government if he will respond to concerns raised by the National Competitiveness Council in its Ireland’s Competitiveness Challenges 2021 report regarding the sequencing and roll-out of demand-side measures announced by Government and their likely adverse consequences for house price inflation; and if he will make a statement on the matter. [46451/21]

Photo of Darragh O'BrienDarragh O'Brien (Dublin Fingal, Fianna Fail)
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I welcome the analysis put forward by the by the National Competitiveness and Productivity Council in Ireland's Competitiveness Challenge 2021. This report welcomes the scale and ambition of the Housing for All Strategy which will substantially increase housing supply, including affordable housing, over the coming years and in turn ease some of the broader economic and social challenges people face in their lives.

The 'whole of government' approach, and the high level measures to focus on oversight, reporting and delivery are recognised in the report. As a matter of course in the development of housing policy or schemes, account is taken of the intended or potential impacts of the measures under consideration. The governance approach set out in Housing for All will provide the mechanism to address concerns regarding the sequencing and timing of the rollout of demand side measures with delivery of supply side reforms. The Housing for All Delivery Group and my Department will monitor and prioritise delivery and sequencing of actions, having regarding to relevant market trends including impacts on house prices, where appropriate.

A formal Government response to the main points raised in Ireland's Competitiveness Challenge 2021 will be published following detailed consideration. The Government will continue to prioritise delivery of the Housing for All Strategy, and on supporting Ireland's recovery and improving our competitiveness and productivity in the Irish economy in the longer term.

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