Dáil debates

Wednesday, 28 April 2010

Photo of Kieran O'DonnellKieran O'Donnell (Limerick East, Fine Gael)

Does the Minister envisage that the proposals involving a resolution-type scheme, which would enable people to reduce their burden in terms of equity, will be accepted? Many young couples who bought houses at inflated prices during the Celtic tiger years are now in negative equity. Some of them, having lost their jobs, are losing the facility to make repayments through no fault of their own. Will a resolution scheme be included in the proposals to be brought forward by the Minister?

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