Oireachtas Joint and Select Committees

Tuesday, 19 November 2019

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Tracker Mortgages and Differential Pricing in Insurance: Discussion

Photo of Paddy BurkePaddy Burke (Fine Gael) | Oireachtas source

Many people purchased buy-to-let properties because this represented a tax efficient way for them to incorporate property into their pension funds. In many cases, buy-to-let properties have been the ruination of some people's lives and families. They were sold by the banks and in some cases people's private houses were sold as well. Does Mr. Deering deal with any commercial aspect of the matter, particularly in the context of buy-to-let properties that have badly affected the pension plans of people who expected to have nest eggs for the future but whose plans have gone belly-up? What has happened to the pension payments that were made through a tax-efficient system?

Comments

No comments

Log in or join to post a public comment.