Oireachtas Joint and Select Committees

Wednesday, 17 January 2024

Committee on Budgetary Oversight

Residential Premises Rental Income Relief and Mortgage Interest Relief in Budget 2024: Discussion

Photo of Rose Conway-WalshRose Conway-Walsh (Mayo, Sinn Fein) | Oireachtas source

That is a business decision. When a person commodifies homes, he or she is making very hard business decisions. They are decisions people can make.

I will finish on this. We are spending €459 million on a tax relief at the height of the market when revenues have never been so large and then we have targets in County Mayo like €150 million and €170 million. That would buy hundreds of homes in any county, which are not being provided for at the moment when we missing our targets all the time. The more we talk about this, the more dysfunction is revealed within the system.

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