Results 6,221-6,240 of 16,492 for speaker:Ciarán Lynch

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (Resumed) (27 Nov 2013)

Ciarán Lynch: Would it be possible to have it in mid-January, although I realise the work is dense?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (Resumed) (27 Nov 2013)

Ciarán Lynch: The request has been made. How stands the amendment?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (Resumed) (27 Nov 2013)

Ciarán Lynch: Amendment No. 69 has been ruled out of order.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (Resumed) (27 Nov 2013)

Ciarán Lynch: Yes.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (Resumed) (27 Nov 2013)

Ciarán Lynch: Can there be multiple disposals or only one?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (Resumed) (27 Nov 2013)

Ciarán Lynch: It cannot be split. Therefore, there can only be one disposal.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (Resumed) (27 Nov 2013)

Ciarán Lynch: Amendment No. 72 in the name of Deputy Pearse Doherty has been ruled out of order.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (Resumed) (27 Nov 2013)

Ciarán Lynch: There are conflicting views on the property market. People who are in negative equity want to see house prices increasing, whereas those who are trying to purchase homes want the best value. The reality is that half the people who are residential home owners have no mortgages. Does the strategy aim at normalisation or recovery? According to the Irish Banking Federation, approximately...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (Resumed) (27 Nov 2013)

Ciarán Lynch: Is the Minister of State referring to business space as opposed to residential space?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (Resumed) (27 Nov 2013)

Ciarán Lynch: This is the nub of it. I may have a different view to Deputy Doherty on property prices. I may have the view that properties are at their proper price. Cork city three bedroom properties are around €140,000 to €160,000, three or four times the national industrial wage. Are they at the right prices or at the bottom? I suggested earlier that this must become the benchmark we...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (Resumed) (27 Nov 2013)

Ciarán Lynch: Or one could say they have normalised.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (Resumed) (27 Nov 2013)

Ciarán Lynch: They could be the same thing.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (Resumed) (27 Nov 2013)

Ciarán Lynch: Deputy Boyd Barrett does not often say that.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (Resumed) (27 Nov 2013)

Ciarán Lynch: We are not going back.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (Resumed) (27 Nov 2013)

Ciarán Lynch: I apologise. I thought the Deputy wanted to debate it.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (Resumed) (27 Nov 2013)

Ciarán Lynch: I have one final observation. An absence of social housing is not driving up rents in the private rental sector because there are income caps before someone can go into social housing. What is driving up rents is that there is a group who would purchase properties but are saturating the rental sector in a wait-and-see approach.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (Resumed) (27 Nov 2013)

Ciarán Lynch: Amendments Nos. 73 to 75, inclusive, are related and will be discussed together.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (Resumed) (27 Nov 2013)

Ciarán Lynch: Amendment No. 76 in the name of Deputy McGrath has been ruled out of order.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (Resumed) (27 Nov 2013)

Ciarán Lynch: Amendments Nos. 80 and 81 are related and will be discussed together by agreement.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (Resumed) (27 Nov 2013)

Ciarán Lynch: God willing, we will all be sitting around the table again.