Dáil debates

Tuesday, 24 November 2015

Finance Bill 2015: Report Stage

 

7:10 pm

Photo of Pat RabbittePat Rabbitte (Dublin South West, Labour) | Oireachtas source

It is an accurate phrase. It will take some time to develop building output. In the interim, one does what one can. I do not think any economists in Ireland, including the small number who agree with Deputy Boyd Barrett's analysis, dispute the fact that if the Government's response was to raise the rent supplement cap, as advocated by the Deputy, it would be absorbed in the pricing arrangements by landlords within months and would only drive rents higher. This is a measure designed to make some contribution. It will do so and I support it.

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