Il costruttore mette un prezzo da 1 milione di euro per un appartamento con tre letti per l’edilizia sociale a Ranelagh

It’s an indicative price, as it’s required as part of the planning process and with all negotiations you start high.

Once planning is approved the actually negotiations will take place between the developer and the local authority to agree the Part V agreement and make sure that the net monetary value (NMV) is achieved.

The requirements for social housing are ridiculous. Developers should be allowed to sell everything on the private market, social housing raises the prices for the other houses in the development sold privately. Quality as a result is reduced as the social house is now the baseline so costs must be cut. As well as ultimately reducing the value of the private houses down the line due to social housing and their tenants being within the same development. Not to mention people competing with the state and their own taxes for these houses. Ridiculous rules, no freeloader should be able to live in a social house that is worth a high monetary value.

The idea that we are putting social housing tenants in 1m quid homes is laughable. The government could get 2-3x as many units somewhere cheaper. Joke and waste of taxpayer money. Government needs to be building cheap dense social housing directly in suburban locations.