Oireachtas Joint and Select Committees
Tuesday, 22 March 2022
Joint Oireachtas Committee on Housing, Planning and Local Government
Social and Affordable Housing: Discussion
Mr. Barry O'Leary:
Those loans are at a fixed interest rate of less than 2% for the duration. I guarantee no one out there is delivering cash to universities more cheaply. If they were not borrowing from us, rents would be higher than they are. We are lenders and not policemen. I am not going into a university and tell them what rent to deliver. That is another world altogether. We are just lenders.
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