Council developments

High price for councils

Sir, – I was disappointed to read Gordon Deegan’s article regarding the potential offering of apartments to Dublin City Council in a proposed development at St Vincent’s Hospital in Fairview (“811 apartment plan lodged for St Vincent’s site in Fairview”, Business, April 12th).

The suggested cost to the council was two-bed apartments for €677,480, one-beds for €414,281. Perhaps it is time for the hereditary peerage of those born in Dublin city centre to end, and for the Government to acquire social housing where it represents even a modicum of value to the taxpayer.

Putting social housing on some of the most expensive land on Earth is an insanely imprudent thing to do and it should stop immediately. – Yours, etc,

SEAN MOONEY,

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Dublin 5.