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

I raise an important issue in relation to lending rules. As the Taoiseach will be aware, it is an exceptionally important issue given that thousands of people who are paying high rents are, unfortunately, unable to acquire a mortgage as a consequence of not being able to acquire a deposit. This is a major issue in high demand areas, such as Cork and Dublin, where first-time buyers are unable to attain some supports as a consequence of buying properties that are not new. They are locked out of supports. Will the Taoiseach engage again with the Central Bank to look at the deposit issue for long-term renters? This is a serious problem and a major concern to many young people in this country.

It would be remiss of me, a Cheann Comhairle, not to welcome my aunt and godfather in the Gallery.

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