Results 18,801-18,820 of 26,148 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)
Kieran O'Donnell: I operated on a practical level in that world for many years. It is simple. If the house is overpriced, if the loan-to-value ratio is too high and-or the times earnings is too high, the risks are too high. If one is derisking the purchase of property down to 20%, one will get to a point where one takes out the risk of negative equity, however, I think people aspire to own their own homes....
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)
Kieran O'Donnell: That is correct.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)
Kieran O'Donnell: Correct.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)
Kieran O'Donnell: I missed some of the debate but I want to touch on a few issues. The witnesses were looking back over the period in terms of house prices going out of control and so forth. The 20% deposit is a very crude instrument in terms of the price of houses. In the Irish psyche there is an aspiration to own a home. We are different from other countries like Germany, in which there is a huge rental...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)
Kieran O'Donnell: I accept that but that only looks at one side of the equation.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)
Kieran O'Donnell: I do not think there is a balanced integrated discussion about how to deal with this. There are crude instruments, like the 20% limit, and there should be a way of putting in place a number of instruments to deal with supply, capacity to repay and loan-to-value ratio.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)
Kieran O'Donnell: If Mr. Burgess does that, he will lock out a large proportion of the population, which will never be able to purchase a house.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)
Kieran O'Donnell: Sorry.
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: There are no nominees from the breeders' association.
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: The Chairman is on the inside occasionally.
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: Is the Chairman looking for the job?
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: Tell us more.
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: Is there merit in examining the involvement of breeders on the board at some level?
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: All we need is a name.
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: We would never have noticed.
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: Will Mr. Meaney indicate how often the board meets?
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: Who attends the board meeting? Do the CEO and chief financial officer attend?
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: The board meets every month. Obviously, it is vital to get the debt level of Limerick stadium under control. I wish the representatives well on that and hope that happens sooner rather than later and that it does not go to the wire. We have to comment on what happened in the past but the stadium where it is now located is a terrific amenity for the city. It is vital that debt level is...
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: Before interest. What about after interest?
- Public Accounts Committee: Special Report No. 86 of the Comptroller and Auditor General: Bord na gCon (27 Nov 2014)
Kieran O'Donnell: What about last year?