Oireachtas Joint and Select Committees
Thursday, 27 November 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Mortgage Insurance Schemes: Discussion
1:15 pm
Sean Barrett (Independent) | Oireachtas source
In his paper, Mr. Burgess knocked €67,000 off a €300,000 house. Dr. Lyons has been making that point for a very long time. The real problem we are addressing here is that housing is far too expensive in Ireland. Our fathers or grandfathers could get a house for two and a half times their income. What is wrong with the Irish construction industry? I would like the witnesses to say how houses can be reasonably priced in whatever sector, whether social housing or housing to buy. Is the only efficient part of it the one-off rural house which comes in at a price people can afford?
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