Dáil debates

Thursday, 5 July 2012

 

National Asset Management Agency

5:00 pm

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)

There is another difficulty; it is important remember that we must strike a balance. So much property in Dublin, in particular, but also elsewhere throughout the country is in the hands of NAMA that unless it puts some of it on the market, there will be no market. NAMA is obliged to both create a market and then avail of it. The actions we took by means of the Finance Act have proved to be very effective.

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