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

We have no evidence that NAMA is not identifying the suitable properties. I have figures for this part of the world. In Deputy Boyd Barrett's constituency 114 properties were available for consideration and 58 of those have been completed or contracted. In Dublin city there were 247 and 115 have been completed or contracted; in South Dublin 42 were available and 40 have been completed or contracted; in Fingal 56 were available and 44 have been completed or contracted. House prices are going up in these areas so there is no evidence to suggest it is offering only properties where prices are low or cannot be sold to somebody else. They are offering a considerable number in the greater Dublin area, which suggests it is not doing as the Deputy suggests. Some of the banks have properties that might be suitable for social housing and we want to pursue those to identify other units.

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