Sinn Féin leader Mary Lou McDonald has told the Dáil that 9,000 "wasteful" long-term lease agreements, costing more than €3 billion, have been agreed by Government to provide social housing.
She said it is a very sweet deal for the property funds and in some cases it costs far more than the price of buying the homes.
"The property funds are laughing all the way to the bank," she said and called for the building of more public homes and public lands.
Taoiseach Simon Harris said the phasing out of long-term leasing is under way because the Government was moving to a position where it can build more social homes.
He said there are around 29,000 homes under construction at the moment.
Mr Harris said the long-term leasing of social homes will be ended by the close of 2025.
The Taoiseach also confirmed that the rent pressure zones have been extended for another year.
Opposition critical of 'wasteful' social housing leases
Sinn Féin leader Mary Lou McDonald has told the Dáil that 9,000 "wasteful" long-term lease agreements, costing more than €3 billion, have been agreed by Government to provide social housing.
