Oireachtas Joint and Select Committees
Wednesday, 3 December 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Business of Joint Committee
General Scheme of Sale of Loan Books to Unregulated Third Parties Bill 2014: Discussion
4:40 pm
Aideen Hayden (Labour) | Oireachtas source
Does that not come to my point? They buy the asset, as Ms Murphy puts it, with a view to moving it on when the economic circumstances improve. Like I say, the market is improving so house prices are rising. The difficulty here is that the asset is my home. Their profit lies in turning over my home which boils down to getting it out of my possession and onto the market.
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