Jan O'Sullivan (Limerick City, Labour) | Oireachtas source

I would love to give local authorities a great deal of capital resources in order that they might build houses. However, we just do not have the money. No one other than the troika can lend us money at present. I wish the Deputy would provide answers rather than presenting us with lovely fairy-tale economics which I wish we could implement but which, unfortunately, we cannot. We must work within the existing system in order to provide housing for people in whatever way possible. Given that NAMA must return a commercial reward for the taxpayer, we cannot simply ask it to supply houses to us at no cost. It just does not work like that.

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