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Committee on Housing and Homelessness: National Asset Management Agency (12 May 2016)

Ruth Coppinger: Now NAMA is building on 46 sites. I do not know about the prices in other areas, and I would be interested in hearing from Deputies in those areas, but in Dublin, what are the prices of these houses and how will they ever do anything to help anyone involved in the housing crisis? There is a way NAMA could house between 50,000 and 100,000 people right now. NAMA could wipe out the social...

Committee on Housing and Homelessness: National Asset Management Agency (12 May 2016)

Ruth Coppinger: There was major demand. People were paying significant rents. They could not afford to buy.

Committee on Housing and Homelessness: National Asset Management Agency (12 May 2016)

Ruth Coppinger: I have one sentence in response.

Committee on Housing and Homelessness: National Asset Management Agency (12 May 2016)

Ruth Coppinger: NAMA did have 30% of the development land in Dublin. The witnesses keep saying that they only have a relationship with these debtors. The debtors are in default. NAMA can foreclose and repossess at any time. Let us not make out that it is just a little relationship.

Committee on Housing and Homelessness: National Asset Management Agency (12 May 2016)

Ruth Coppinger: It was the developers' debts, not the Irish people's debts.

Committee on Housing and Homelessness: National Asset Management Agency (12 May 2016)

Ruth Coppinger: Because certain people chose to do that.

Committee on Housing and Homelessness: National Asset Management Agency (12 May 2016)

Ruth Coppinger: So even Deputies cannot get hold of what land NAMA holds.

Committee on Housing and Homelessness: National Asset Management Agency (12 May 2016)

Ruth Coppinger: I am merely stating how ironic it is that, in the middle of the crisis, we cannot even find out.

Committee on Housing and Homelessness: National Asset Management Agency (12 May 2016)

Ruth Coppinger: We do not have 10% of social houses.

Committee on Housing and Homelessness: National Asset Management Agency (12 May 2016)

Ruth Coppinger: Why did NAMA recommend that? It is not meant to be political.

Committee on Housing and Homelessness: National Asset Management Agency (12 May 2016)

Ruth Coppinger: Would the VAT reduction be for social housing or private housing?

Committee on Housing and Homelessness: National Asset Management Agency (12 May 2016)

Ruth Coppinger: It would be all, so there would be no guarantee it will ever benefit people who need houses.

Committee on Housing and Homelessness: National Asset Management Agency (12 May 2016)

Ruth Coppinger: Yes.

Committee on Housing and Homelessness: National Asset Management Agency (12 May 2016)

Ruth Coppinger: You cannot pass a VAT reduction on to a first-time buyer. You should build it again.

Committee on Housing and Homelessness: Master of the High Court (10 May 2016)

Ruth Coppinger: I welcomed many of Mr. Honohan's recent comments, in particular because I represent a constituency in which residents in Tyrrelstown are facing eviction by a vulture fund and where the housing crisis is probably the most acute. I wish to refer to a couple of the legal issues that Mr. Honohan has raised. The tenor of his contribution is to the effect that compulsory acquisition of public...

Committee on Housing and Homelessness: Law Society of Ireland (10 May 2016)

Ruth Coppinger: On Mr. Sweetman's contribution, one of the reasons that we suggested this session was to look at legislation, including emergency legislation, that might be required to stop people from becoming homeless and to sort out the housing emergency. The issue of CPOs is an important one on which this committee needs to get views. In his presentation, Mr. Sweetman gave the impression that he did...

Committee on Housing and Homelessness: Law Society of Ireland (10 May 2016)

Ruth Coppinger: Just to clarify, I was referring to the houses from which people are threatened with eviction by these vulture funds.

Committee on Housing and Homelessness: Law Society of Ireland (10 May 2016)

Ruth Coppinger: The council has been in discussion for months with the EPF.

Committee on Housing and Homelessness: Law Society of Ireland (10 May 2016)

Ruth Coppinger: I knew Mr. Sweetman would not like the term.

Committee on Housing and Homelessness: Professor P. J. Drudy, Trinity College Dublin (10 May 2016)

Ruth Coppinger: I welcome much of what Professor Drudy says about the massive increase in the private rented sector and the problems that it has caused. We should not get stuck on terminology. We have always used the term "rent controls". I have been calling for rent controls for a few years. Professor Drudy was objecting to it, but the term is used that way in Europe as well.

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