“It’s not public-private partnerships we need, it’s a public-public partnership.” The remark came from a housing professional with whom I recently discussed my coverage of the 19-year Dominick Street social housing redevelopment in Dublin. It is strikingly accurate. As the story of that housing project shows, its first decade was lost to the property price crash induced by the global financial crisis, and its impact on speculative PPPs then predicated on property prices endlessly spiralling upwards. Thankfully, this model is no longer in use. The second half of the excruciating wait experienced by Dominick Street’s residents, and by anyone else…
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