Dáil debates

Wednesday, 5 May 2021

Ceisteanna (Atógáil) - Questions (Resumed) - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions

Social and Affordable Housing

8:00 pm

Photo of Mick BarryMick Barry (Cork North Central, Solidarity) | Oireachtas source

Could the Minister comment on the breaking news of the statement by Deputy Lahart that Fianna Fáil is drowning in the shadow of Fine Gael's housing policy? I presume the Deputy is referring to the sweeteners to the vulture funds in respect of corporation tax, capital gains tax, rent roll, stamp duty and so on, all of which Fianna Fáil allowed it to make because it was propping up the previous Government. A former Minister for Finance, Michael Noonan, famously said he wanted to facilitate the attraction of foreign investment capital to the Irish property market, recovering profitability for the banks and their balance sheets at the expense of affordable homes and ordinary people who want to buy homes, including first homes, in this country.

We have heard all day from the Taoiseach and the Tánaiste that the Government is going to do something about this, but the question is when. The Minister had a round of discussions with the Minister for Finance, Deputy Donohoe, this afternoon. Could he tell the House when we will see action on this issue?

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