Oireachtas Joint and Select Committees

Thursday, 27 November 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Mortgage Insurance Schemes: Discussion

12:45 pm

Photo of Tom BarryTom Barry (Cork East, Fine Gael) | Oireachtas source

Not as much because what they are being asked to fund is quite low - it depends on what job they have. Auctioneers in Cork say that people are managing to cobble that money together pretty much. In the Kerry region an average house would cost less than €100,000 and in Cork, €150,000 is still a lot of money. It is not like in Dublin where prices seem to be moving at a different rate entirely.

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