Oireachtas Joint and Select Committees

Thursday, 19 April 2018

Public Accounts Committee

Chapter 1 - Exchequer Financial Outturn for 2016
Chapter 2 - Government Debt
Chapter 24 - Irish Fiscal Advisory Council

9:00 am

Photo of Catherine ConnollyCatherine Connolly (Galway West, Independent)
Link to this: Individually | In context | Oireachtas source

-----on the Chairman's time, but I am trying to understand it. Economists and financial people talk about not overheating the market or throwing money into the market and making a bad situation worse but I am looking at a figure of €301 million going into a rental market that clearly is not sustainable. It continues to rise. Most people are evicted for non-payment of rent, as I understand the figures, and not for non-payment of a mortgage, which is also big, but has a huge focus. They are evicted for non-payment of rent and we are now putting €301 million into the private landlord market. Is that not overheating the market? Mr. Moran can disagree with me; I do not mind.