Oireachtas Joint and Select Committees
Tuesday, 16 June 2015
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Forthcoming ECOFIN Council: Minister for Finance
6:00 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
This is the macro-financial review. They talk about external threats and then they talk about the disastrous rise in rents, property prices, and so on, and the threat it represents. The way to address that is through major capital investment in housing in order to provide a supply and bring down the costs, to make it affordable and to deal with what is now a major macro-economic threat, never mind a humanitarian crisis, in this country. Is it not the case that we cannot do that because next year we are paying €8 billion in debt interest?
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