Dáil debates
Thursday, 9 October 2014
Order of Business
12:25 pm
Billy Kelleher (Cork North Central, Fianna Fail) | Oireachtas source
The Governor of the Central Bank announced his intention to make it a requirement for home buyers to save up at least 20% of the value of the properties being bought, in other words, a 20% deposit. In light of the escalating house prices in Dublin, the housing crisis in parts of the country and the many families that have fallen into homelessness, will the Tánaiste agree to a debate on this issue? Given the facts that families are unable to afford homes and we are facing into an inflationary cycle again, has the Government conducted an evaluation of the Governor's proposal and will it make a formal submission to the discussion phase that is under way until the end of the year?
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