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Dáil Éireann díospóireacht -
Wednesday, 14 Jun 1967

Vol. 229 No. 4

Ceisteanna—Questions. Oral Answers. - Sale of Dublin Corporation Houses.

27.

asked the Minister for Local Government whether, in the contemplated sale of Dublin Corporation houses to tenants, regard will be had to the length of tenancy of those who apply to purchase their houses; and whether rent paid in tenancy will be taken into consideration in fixing sale prices.

I understand that the purchase scheme being prepared by Dublin Corporation provides for the sale of their houses to the tenants for the minimum terms permissible under the Housing Authorities (Loan Charges Contributions and Management) Regulations, 1967. These regulations provide for the sale or lease of urban dwellings for a sum equivalent to the market value or replacement value of the dwellings less a deduction of two per cent for each year after five during which the tenant has been continuously in occupation of a local authority dwelling, subject to a maximum deduction of 30 per cent.

As I indicated in my circular letter of 14th April, 1967, to members of local authorities, if the rent paid for the tenancy of a house were to be deducted from the sale price of the house, then logically the cost to public funds of maintenance, loan charges etc. should be added. Since these costs are almost invariably very much higher than the rent, a sale price arrived at in this way would be very high indeed. Accordingly, the regulations do not permit of a deduction from the sale price for rent.

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