Oireachtas Joint and Select Committees

Wednesday, 23 November 2022

Committee on Budgetary Oversight

Report of the Commission on Taxation and Welfare: Discussion (Resumed)

Mr. Tom O'Brien:

I agree with Mr. Davitt regarding the Croí Conaithe initiative. The other thing we are going to have a difficulty with is investors getting debt to buy those properties. The current tax and regulatory environment means that banks are shying away from giving money for buy-to-let loans so, unfortunately, housing policy is militating against that initiative.