Oireachtas Joint and Select Committees
Thursday, 27 September 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Fiscal Assessment Report September 2012: Discussion with Irish Fiscal Advisory Council
3:00 pm
Arthur Spring (Kerry North-West Limerick, Labour)
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More than 100,000 people have a form of stressed mortgage and the level of mortgage arrears is increasing all the time. That is the negative equity generation. Property tax is usually a form of wealth tax, but if one is in negative equity-----