Joe Higgins (Dublin West, Socialist Party)

The Taoiseach described the problems well but he did not give the assurances we need. The victims of pyrite are the same home owners who were caught in the vicious circle of rocketing house prices up to 2007 that made mega-profits for developers. As taxpayers they are now bailing out those same developers since they crashed to the tune of billions or euro. They are in negative equity and the product for which they have taken out 40 year mortgages is now disintegrating in their hands. This is a monstrous injustice by any standards.

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