Developer O'Flynn said he does not want tax breaks to build homes

"We need emergency measures across all the areas if we are going to try and catch up"
Developer O'Flynn said he does not want tax breaks to build homes

Michael O'Flynn: "I just want a business that's viable, that we can go to a bank, we can fund it, we can make a profit.”

Property developer Michael O’Flynn said he does not want tax breaks and instead just wanted "a viable business.”

The Cork businessman was reacting to news of a possible reintroduction of broad tax reliefs for developers to stimulate housebuilding. The issue is being considered at senior levels. However, Minister for Finance Paschal Donohoe has ruled out such tax breaks as they previously "did such harm to our economy".

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