Oireachtas Joint and Select Committees

Wednesday, 16 July 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Pre-Budget Submissions: Discussion (Resumed)

5:50 pm

Photo of Sean BarrettSean Barrett (Independent)
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I think houses were sold recently in Tuam for €20,000, which is even lower than the numbers Mr. Davitt mentioned. That is fine. Compared to living in Salthill, one can live in Tuam and visit Salthill with the money one has saved. Why is Longford regarded as Siberia? All the NAMA houses are in the wrong place. Those commuting distances from Longford to the M50 would not be large compared to those in London so I would like to see that supply opened up just to see what the market price is. It might suit people to work around the M50 and to commute to a house with a far lower price than to opt for join in the prices in Dublin which have appreciated by 24% in the past 12 months. How do we get that supply into the market?