Oireachtas Joint and Select Committees
Thursday, 10 May 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Sector: Quarterly Engagement with the Central Bank of Ireland
9:30 am
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
I wish to raise two related points. One is the issue of returning emigrants. I have a number of cases of people who went abroad when the economy crashed. They bought a property in London, for example, lived there for a number of years, sold it and returned home. They do not have a huge lump sum and they never owned a property in this jurisdiction but they are deemed to be non first-time buyers. Is that necessary?
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