Oireachtas Joint and Select Committees

Thursday, 17 November 2022

Public Accounts Committee

2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund

9:30 am

Photo of James O'ConnorJames O'Connor (Cork East, Fianna Fail) | Oireachtas source

Hang on a second. There are thousands of examples of young working professionals paying rents of more than €2,000 per month for a two-bedroom apartment in Dublin city. How are they expected to save for a deposit to buy a property? A two-bedroom apartment in many areas of the city costs well over €400,000, if it has an en suite bathroom, never mind a car parking space. How are they supposed to accumulate the capital to get a deposit?

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