Investment Funds Trading in the Residential Property Market: Motion [Private Members]
Dail Éireann — 2024-01-17
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Michael Collins (IND), Cork South-West

Very little. It was weakening between 2014 and 2016. I had a hell of a job to push things through, but nowadays that happens less and less. If you fight for extra development in one area where it is needed, it will be taken from another area. These are the new tricks that have come into county development plans which are making it impossible for people who want to get going in life to do so. As I said, they are very much anti-development.
Land where housing is desperately needed is being zoned for low density. There is a desperate need for housing in Clonakilty and other areas. People who want to build beautiful homes are not being allowed to do so. They are only allowed to do so in a low-density situation. Building houses does not pay for them. There is crisis after crisis. There is scheme after scheme, but the criteria are set so high that no one can avail of them. People are losing their homes to banks and vulture funds. The system is built against the ordinary people.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2024-01-17/debate/main
Retrieved: 2026-08-14T04:52:33+00:00
Sitting date: 2024-01-17