Oireachtas Joint and Select Committees
Thursday, 17 May 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Resolution of Non-Performing Loans: Discussion (Resumed)
10:00 am
Kieran O'Donnell (Fine Gael) | Oireachtas source
The human aspect here is what happens if we put those people out of that house. Their children go to school locally. The council probably will not have property. They will have to go on the list. The human dimension of it is that we would create a lot more problems than solutions. The mechanism by which the mortgage-to-rent scheme is funded probably needs to be looked at. However, the basic structure of the mortgage-to-rent scheme is not a bad principle.
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