A draft of Dublin City Council’s new development plan includes a proposal to limit the number of rental units in any new apartment schemes to 40%. Director of property developer Twinlite, Rick Larkin, says the impact of this will freeze future apartment developments in Dublin and mean renters and first time buyers will have fewer options and higher costs. Dublin City Councillor Dermot Lacey has rejected this notion. In this episode, Ciarán hears them both out.
Rick Larkin has a lot on his mind. In recent weeks the developer has been told by subcontractors working on a €30 million project that they are increasing their prices by 100 per cent due to rising