Role of overseas investment in housing is overstated, says Taoiseach

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Martin says private investment is important but State is providing the bulk of funding

However, both moves were criticised by the Opposition for falling short and allowing the continued investment in certain categories of housing – such as apartments – or the ongoing development of co-living projects already in the planning pipeline.

Mr Martin said the “primary driver” of social housing investment was the State, and that he was “glad to see” the steps taken to “stop the bulk-buying of houses and housing estates by institutional investment funds”. The Government’s main priority, he said, was to “to concentrate the State investment in a way that more people can afford houses, and then those who are not in a position to buy a house will be able to get a social house or cost rental”.

Asked about progress made in a review of Irish planning legislation, overseen by the office of the Attorney General, he said the aim was similar to a consolidation of company law some years ago, but the aim was that it would be completed in about 12 months. He said it would aid the implementation of the €165 billion National Development Plan.

 

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Cats rarely can be put back into bags .

His delusion never ceases to amaze me. This isn't even the stupidest statement he's ever come out with, that's still reserved for the time he denied we ever bailed out the banks. No wonder the core FF members know they are dead ducks come the next election

MichealMartinTD show us the proof.

Lesson 1 in how to ensure your popularity keeps plummeting like an anchor: deny that one of the biggest electorate issues even exists.

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