Social housing private estate

DUB142 · 2017-10-26 08:23:00

Hi all, A friend of mine recently bought a house in a new estate with 30 odd houses to be built for almost €400,000 each. Before he purchased the house he asked the estate agent was there going to be any social houses in the devlopment and he was told no. Because he was misinformed will he have any comeback at all? or is…

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#32 28-10-2017 09:29AM

pilly

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Hannibal_Smith wrote:

Builders have an option, they can provide the housing, or make a financial payment in lieu of it, or come to another arrangement. In the boom a lot of builders made the financial payment. I would have expected the council use the money to buy housing elsewhere, but judging by the crisis we're in now, it doesn't seem to be the case!

They don't have that option anymore.

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