Darragh O'Brien (Dublin Fingal, Fianna Fail) | Oireachtas source

We know this is not correct. Deputy Ó Broin knows this is not correct. It is also very misleading. Deputy Ó Broin himself admits there are concerns to be addressed with his party's scheme. His proposed solutions to the concerns are simply quite bizarre. On 3 October, in response to questions from the Business Post on security risks and securitisation risks with the scheme, Deputy Ó Broin referenced his preference that the State would step in and purchase a mortgage where the owner defaults on that mortgage. He went further by confirming that he would amend and extend the mortgage to rent scheme to cover the homes in the proposed leasing arrangement. This effectively gives a State guarantee for mortgages under the scheme. Given Sinn Féin's commitment to delivering 25,000 such homes, is it actually suggesting that it will effectively guarantee €6.25 billion worth of mortgages?

There are more questions for Sinn Féin and Deputy Ó Broin. Are they seriously suggesting the creation of a two-tier mortgage system in the State?

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