Dáil debates
Thursday, 20 October 2011
Report by the Interdepartmental Working Group on Mortgage Arrears: Statements (Resumed)
3:00 pm
Michael Noonan (Limerick City, Fine Gael)
The Deputy's first question related to a court judgment under the Land and Conveyancing Law Reform Act 2009. The Department of Justice and Equality is assessing the implications of the judgment. They will introduce proposals in the context of its package of legislation on insolvency and bankruptcy. There is no commitment or intention to have a second Keane report that would consider the rental end of the market. There are problems in that regard. Buying to rent is a business. It is not the same as someone buying a family home that he or she could lose. From what I see around Dublin, rents have not decreased very much so far.
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