Mick Wallace (Wexford, Independent) | Oireachtas source

My amendment states: "The Minister shall, within 6 months of the passing of this Act, prepare and lay before the Oireachtas a report analysing the impact Real Estate Investment Trust (REITS) have had on rental prices, and residential and commercial property prices throughout Ireland, and particularly Dublin.” I do not think that is an unusual or unreasonable request. We make decisions in here all the time and, obviously, the Government of the day makes most of them. Whatever we do, it has to be in our interest that it is well-informed. I challenge the Minister of State to sit down and argue with me about where the property game in Dublin is going, where the housing industry is going and what is happening. I will sit down with him at any time and argue it out with him. We need to be better informed in order to make better decisions. Doing something like this is a small step but it is a small step in the right direction. It is not unreasonable and it would be a positive for this Parliament if we decided to do this.

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