Oireachtas Joint and Select Committees

Wednesday, 7 September 2022

Committee on Budgetary Oversight

Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion

Photo of Patricia RyanPatricia Ryan (Kildare South, Sinn Fein) | Oireachtas source

I am aware of the clock and that other speakers need to get in. The witnesses mentioned that an interest rate rise of 0.75% might happen. That is going to have a huge impact on mortgages and I am quite concerned about it. We have landlords who are selling up all around the place at the minute and there is nothing but eviction notices. What is going to happen or can we foresee any way around this if it happens?

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