Cian O'Callaghan - Dáil Éireann Debate, Wednesday - 8 Nov 2023

I raised with the Taoiseach previously the need to regulate management companies effectively. As apartments from the Celtic tiger era reach 20 years of age, management sinking funds will be needed increasingly to repair roof leaks, replace lifts and so on. When sinking funds are insufficient, repairs will not be take place or owners will be levied sums that they simply cannot afford. Failure to regulate management companies properly combined with sinking funds being used to fund building defects means that in the next few years this crisis is going to come to a head.

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