THE bursting of the property bubble may benefit some of the poorer members of society, as apartments built in anticipation of the boom years continuing are sold to social housing projects to cover debts.

NAMA has delivered on its “social dividend” promise by providing social housing in a top-end Dublin development through the Clúid Housing Association.

The charity behind a new approach to social housing to be launched in Dublin later today is hoping its model of buying "NAMA-ed" homes can be replicated across the country.