Dáil debates

Tuesday, 23 January 2018

2:50 pm

Photo of Leo VaradkarLeo Varadkar (Dublin West, Fine Gael) | Oireachtas source

It has been always the case that a person needs to raise a deposit to buy a house. People do it in many different ways. Sometimes people go abroad for a period and earn money. Others get money from their parents. Lots of us did. Others get money through other loans. Sometimes people stay at home for a period and raise a deposit in that way. It has always been the case that a person had to be able to raise a deposit to buy his or her own home, with the exception of one period during the boom when we had 100% loans. I would not like us to get back to 100% loans because we know where that led us.

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