Oireachtas Joint and Select Committees

Wednesday, 9 April 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB

1:25 pm

Mr. Brendan O'Connor:

I would say the vast majority are generating an income. There is a strong rental market. Obviously, the quantum of income depends on where the property is located but the vast majority are generating an income, certainly in the larger urban areas and provincial towns. It is a little different when one moves out to more rural areas.

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