Oireachtas Joint and Select Committees

Wednesday, 8 May 2024

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Defective Concrete Blocks: Discussion (Resumed)

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Yes, and some of these properties may not have mortgages. Given the years during which we know this issue has materialised - and it is not an issue that goes back 40 or 50 years - which is the lifetime of a standard mortgage, is the Central Bank really satisfied that the entire banking system in this State is only, potentially, revaluing up to 300 homes when we know thousands of homes across this State have been affected? Is it a case of "they have not told me so I am not going to see"? Surely, the Central Bank would have an opinion on this matter.

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