Oireachtas Joint and Select Committees

Tuesday, 16 November 2021

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Finance Bill 2021: Committee Stage

Photo of Mairead FarrellMairead Farrell (Galway West, Sinn Fein) | Oireachtas source

The point the Minister was making was that the refundable tax credit could push up rent prices. I think he was referring to a matter to which I also referred, that is, the remarks of the commission in that regard. To be clear, this would need to coincide with a ban on rent increases for that period. Those two measures would need to go together. It is very important. I have outlined it. I am sure all present are acutely aware of the significant pressures families are facing as a result of sky-high rents and that we clearly need to do something. We need to do everything in our power to stop this pressure on families. I urge the Minister to reconsider. I would like to see this measure go through. We really do need to do something on it because what has happened to date has not worked or helped those people who are really struggling. We need to do our best to help those families who are struggling.

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