Oireachtas Joint and Select Committees

Wednesday, 16 July 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Pre-Budget Submissions: Discussion (Resumed)

4:50 pm

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

The next question is for Ms Randall and Mr. Jordan together. In the midst of the catastrophe and as legacy issues play out, is there an opportunity for two things to happen which are not being looked at? The Irish private residential market has involved an individual owning two or three properties in a dispersed mode - a flat, a house and something bought recently; one mortgage-free, another negative equity and the other performing as it was bought at the right time. How many private rental properties are there?

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