Councils can build social housing for half of what developers charge
Photo: Rollingnews.ie
Councils can build social housing for half of what developers charge
Words: Katie Gartland
On average, Dublin City Council paid €382,200 per home from developers. It cost them €181,500 for direct builds.
Local councils across the country can build social housing at half the price of buying homes from private developers.
After parliamentary questions to Housing Minister Darragh O’Brien from Sinn Féin TD Eoin O’Bróin, it has come out that local councils have been paying double the cost when buying homes from private developers.
In Dublin City Council, the average cost for the Council to buy from a developer is €382,200. It cost €181,500 for direct builds. Other Councils across the country showed very similar results.
This came after the voting down of a new private development on public land in Santry. The development would have created 853 new homes for the North Side but 253 would have been bought by the council.
