Dáil debates
Wednesday, 31 January 2018
Other Questions
Home Loan Scheme
11:10 am
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
Two people on €40,000 would not qualify for the Minister's scheme. That is €80,000. It is over the threshold so they would not qualify. Two people just inside the threshold can borrow €288,000. Average house prices in Dublin are €350,000. I have just quoted what Hines is offering, which is two bedroom homes at €358,000 and three bedroom homes at €442,000, so this scheme will not allow those people to buy houses that we are supporting with State subsidies.
No comments