Eamon Gilmore (Dún Laoghaire, Labour)

People are scared and worried. People have either lost their jobs, are afraid they will lose their jobs or their income is down and they are worrying about how they are going to make repayments on their homes and about the day somebody will come knocking on their door, mandatory code or not, to repossess their home.

The Taoiseach stated that there have not been many repossessions to date but some homes have been repossessed. There have many more repossessions of homes than of sites and half finished speculative developments, some of which are the subject of what are now known as bad debts and bad loans.

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