How can a housing co-operative offer affordable houses at below-market costs?
An Irish housing co-operative was able to keep the prices below market costs, because it was sold the land in Poppintree, Ballymun, by Dublin City Council for €1,000 per house plot. On the open market, the same plots would have cost €20,000-€30,000. The council also waived the development levies of €86.40 per square metre.
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