Sean Barrett (Independent) | Oireachtas source

Senator Hayden is always raising the NAMA stock in the Seanad. We have the numbers. A total of 5,000 were offered and only about 1,000 were taken up. My impression of NAMA is that it is there to keep asset prices up to make banks look better. If the prices had fallen, we would not have this problem. I have paid enough for banks already without having a property price still distorted by the fact that NAMA will not put them on the market and when it does, the local authorities will not take them.