The gap between the price the developer wants for social housing and what the state will pay is widening

The development of the largest housing project in the city of Dublin is facing ongoing delays – due to a wide gap between the price developers are seeking for social and affordable housing and what the state is willing to pay for it.

Records of a briefing for Housing Secretary Darragh O’Brien show that developers at the Poolbeg-West Strategic Development Zone (SDZ), led by Johnny Ronan, have asked for up to €675,000 for a three-bedroom apartment – almost 60 per cent above the approved price cap for councils.

https://www.independent.ie/irish-news/gap-widens-between-the-price-developer-wants-for-social-housing-and-what-the-state-will-pay-41845697.html The gap between the price the developer wants for social housing and what the state will pay is widening

Fry Electronics Team

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