Minister must conduct immediate review of co-living planning regulations - Eoin Ó Broin TD
Sinn Féin Housing spokesperson Eoin Ó Broin TD has called on the Minister for Housing to conduct an immediate review of co-living planning regulations.
The review must also consider the impact of high-end student and co-living accommodation on land prices, residential prices and on development projects.
Deputy Ó Broin said:
“Minister Murphy amended the planning law to facilitate co-living and high-end student accommodation developments without thinking through the consequences of these changes.
“Unfortunately, the developers of these projects did think it through and are already looking to exploit loopholes to deliver small, expensive, bedsit style accommodation to young professionals.
“A story by Killian Woods in the Sunday Business Post yesterday highlighted how a company that was originally providing high end student accommodation has been granted permission to lease almost two thirds of the 966 beds to non-students.
“There is nothing be excited about in terms of promoting of this kind of living at the expense of affordable homes.
“An article by Mel Reynolds, a housing policy analyst, in The Journal.ie today highlights how developers are choosing to build this kind of accommodation over traditional apartment units due the scale of profit that can be made by squeezing more units into a site.
“This in turn increases the cost of land and makes the delivery of residential units for workers and families more expensive to deliver.
“The Minister must now review the planning regulations that have gotten us here.
"The proliferation of high-end student accommodation on sites across the city and the build to rent market are not adding to the affordable housing supply and is pricing workers and students out of the city.”