Dáil debates

Tuesday, 1 March 2022

Ceisteanna - Questions

National Economic and Social Council

3:50 pm

Photo of James O'ConnorJames O'Connor (Cork East, Fianna Fail) | Oireachtas source

I thank An Taoiseach for his update to the House with regard to the NESC. I wish to ask about the issue of housing, which was an important part of the body's work. In the context of the upcoming mortgage rules review by the Central Bank, I encourage the NESC to undertake a body of work to do analysis for long-term renters in our society, of whom tens of thousands of young working professionals are in that category, about how it may be able to lend money under a more sustainable economic policy from the Central Bank which, of course, is independent of much oversight from the Government through legislation that was brought in in the past. It would be appropriate for this unit, under the remit of the Department of the Taoiseach, to carry out analysis of this particular area ahead of the review, which will be finalised later in the year 2022.

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