Imelda Munster (Louth, Sinn Fein)
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Everyone under the sun knows that if there were forward purchase agreements already in place, they would have been huge things to go to the bank with.

They would have been sure of getting funding but HBFI did not ask any questions whatsoever. It allocated €300 million out of the €730 million to that. The largest tranche of funding given out was €94 million, which was for one of the three projects for private rental accommodation. The figures given are staggering, with rents of €3,100 for a three-bedroom apartment. Just think about that for a second - €3,100 for a three-bedroom apartment or €1,800 for a one-bedroom apartment. The remit of HBFI is not to distort the market but how, in the name of God, is this not distorting the market?