Oireachtas Joint and Select Committees
Wednesday, 7 September 2016
Committee on Budgetary Oversight
Economic and Fiscal Position: Economic and Social Research Institute
2:00 pm
Lisa Chambers (Mayo, Fianna Fail) | Oireachtas source
Housing has been debated at length. A concern of mine is the difficulty younger people face in getting into the housing market. Comments were made yesterday by Deputy Broughan about the impact of Central Bank rules on younger people. This is fuelling the rise in rents because people cannot afford to buy and it is preventing people from relocating to other areas. They may be staying at home for longer.
The witness mentioned site tax. Will he expand on how that might work? Does he have a view on the Central Bank rules and the possible or alleged negative impact on the markets in terms of rentals, housing and construction? It would be interesting to hear his views. I have a number of questions.
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