Oireachtas Joint and Select Committees
Thursday, 5 May 2016
Committee on Housing and Homelessness
Minister for Finance
10:30 am
Michael Noonan (Limerick City, Fine Gael) | Oireachtas source
Yes, and this makes it more expensive to deal with them. The Chairman knows my approach to these matters. One does something and hopes it works but if it does not work, one tries something else or modifies what one did. We keep it under review. If there is no take-up, we will have to revisit it. I am reluctant to extend the benefits to developers rather than owner-occupiers. We tried all that before and while we got the activity, we also got many problems. I welcome the committee's recommendations on it and we will provide all the statistics. The Deputy is correct. The take-up has been disappointing. However, there has been some take-up and, as the economy strengthens, I hope there will be more.
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