Oireachtas Joint and Select Committees
Tuesday, 23 March 2021
Committee on Budgetary Oversight
Pre-Stability Programme Update: Discussion
Bernard Durkan (Kildare North, Fine Gael) | Oireachtas source
On the issue of the shortage of supply, I have heard rumours to suggest that blocks of apartments throughout the country have been closed down. They are completed and ready for occupation but are not being occupied. It would appear to me that such activity will impact in a positive way from the point of view of the owners but in a negative way from the point of view of the borrowers who would hope to buy and occupy those apartments. What, if anything, can be done about that? Should the Central Bank take an interest in that possibility and deal with it?
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