Dáil debates

Wednesday, 27 June 2007

Finance (No. 2) Bill 2007: Committee and Remaining Stages.

 

5:00 pm

Photo of Seán ArdaghSeán Ardagh (Dublin South Central, Fianna Fail)

I cannot speak about people outside the House. I merely want to state that whereas there may have been a lack of confidence in previous months, the situation has changed significantly and the reports from the wholesale distributors of equipment and household goods are positive. The increasing number of houses which are being started or completed this month as a result of definite knowledge about stamp duty is helping to restore economic confidence.

As the Minister stated, we do not expect the same numbers of houses to be built in the future, but somewhere in the region of 60,000 will be built with confidence and will be sold, which will help to continue the type of economic growth this country has come to value. It will continue to be a good country to live in, for children to be reared in and for first-time buyers to buy houses in without having to pay any stamp duty.

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