Michael O’Flynn: ‘Land value sharing’ proposals will increase house prices

Plans yet another example of decision makers just seeking to make headlines

Michael O’Flynn: ‘An ugly populism has developed in the national debate on housing.’ Photograph: Alan Betson/The Irish Times

Michael O’Flynn: ‘An ugly populism has developed in the national debate on housing.’ Photograph: Alan Betson/The Irish Times

The proposal from the Government, reported in The Irish Times, that the State would receive up to 50 per cent of the value uplift on a site when it is zoned for new homes will not deliver any extra land for housing and will only make new houses more expensive. It is yet another example of decision makers seeking to make headlines rather than build houses.

This proposal will simply not do what, presumably, it is designed to do – deliver more land for affordable housing. Not one acre, not one home.

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