Oireachtas Joint and Select Committees

Tuesday, 26 April 2016

Committee on Housing and Homelessness

Interim Report of Committee

10:30 am

Photo of Ruth CoppingerRuth Coppinger (Dublin West, Anti-Austerity Alliance) | Oireachtas source

This is an important session in that, while the people who get into mortgage arrears do not automatically become homeless, it is closely linked to the whole issue. We should consider inviting some of the receivers who are carrying out the repossessions of homes, which are then leading to homelessness. I agree with other speakers on the issue of the REITs and the vulture funds that have now acquired big books of mortgages in the market. We should invite in representatives of those like Mars Capital and others because this is now leading to the sell-off of these homes and leading directly to homelessness. I agree we should invite the Minister for Finance. Policy on the whole issue of mortgages is emanating from the Department of Finance, so he should come in.

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