Rory Hearne: Why is the State selling public land to private developers for a fraction of its value?

The overly close relationship between the state and property developers appears to be history repeating itself, and we saw where that left us in 2008, writes Dr Rory Hearne

Bay Meadows housing development in Dublin 15, where all 112 houses were bought by a global investment company. Picture: Sam Boal / RollingNews.ie

Why is Dublin City Council (DCC) off-loading precious public land, for a fraction of its value, to a private developer?

The move is particularly questionable when you see the prominence of private developers building unaffordable build-to-rent high-rise throughout the capital.