Phil Hogan (Carlow-Kilkenny, Fine Gael)

I am speaking of looking after people and home ownership which may initially involve people renting properties. Today, one of our national newspapers is advising people to rent rather than buy because the price of properties is set to fall further. Unlike the newspaper in question, I do not have a crystal ball. The leasing and rental accommodation model currently in place is not working. I want tenants to be given an opportunity to own the home they rent within the shortest possible timeframe, subject to their means.

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