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

-----but it is a proportion in comparison with what happened in the banking sector around reckless lending, which was entirely different. We are in a much better position today to give people the additional capacity to borrow. The fact that the deposit issue was not touched by the Central Bank review is mind-boggling. It is useless going after the increased lending capacity by extending the multiplier and not touching the deposit requirement, especially with people who have been renting for five or six years. We speak about reckless lending and what has been referred to here. When we are talking about a young couple who need to buy a roof over their heads for the first time to start a family, that is separate from reckless lending but we are now in the position where it is beyond the reach of the vast majority of society and with the direction it is going in, not enough is being done about it.