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Local Authority Housing (20 Oct 2011)

Richard Boyd Barrett: Instead we will possibly lease property from bankers, private landlords and these private bodies. In some cases we are paying for the housing that will be managed by the voluntary housing bodies but we will not receive rent. It does not make sense.

Local Authority Housing (20 Oct 2011)

Richard Boyd Barrett: If we are paying out €600 million per year-----

Local Authority Housing (20 Oct 2011)

Richard Boyd Barrett: -----over ten years, we could build all the social housing we need.

Local Authority Housing (20 Oct 2011)

Richard Boyd Barrett: We would have the asset and the rental revenue instead of outsourcing to organisations over which we have no control.

Local Authority Housing (20 Oct 2011)

Richard Boyd Barrett: In England they are big business.

Local Authority Housing (20 Oct 2011)

Richard Boyd Barrett: I am not.

Local Authority Housing (20 Oct 2011)

Richard Boyd Barrett: Why will he not make them council houses?

Written Answers — Local Authority Housing: Local Authority Housing (20 Oct 2011)

Richard Boyd Barrett: Question 44: To ask the Minister for the Environment, Community and Local Government his views on a voluntary scheme for persons in mortgage arrears to transfer their homes to a local authority and become council tenants. [30409/11]

Report by the Interdepartmental Working Group on Mortgage Arrears: Statements (Resumed) (20 Oct 2011)

Richard Boyd Barrett: What social housing?

Report by the Interdepartmental Working Group on Mortgage Arrears: Statements (Resumed) (20 Oct 2011)

Richard Boyd Barrett: You must be joking.

Report by the Interdepartmental Working Group on Mortgage Arrears: Statements (Resumed) (20 Oct 2011)

Richard Boyd Barrett: I run clinics every week.

Report by the Interdepartmental Working Group on Mortgage Arrears: Statements (Resumed) (20 Oct 2011)

Richard Boyd Barrett: The Minister is welcome to visit my next clinic on Monday.

Report by the Interdepartmental Working Group on Mortgage Arrears: Statements (Resumed) (20 Oct 2011)

Richard Boyd Barrett: For the Minister's information, I run a clinic every week and I am opening an office on the main street in Dún Laoghaire.

Report by the Interdepartmental Working Group on Mortgage Arrears: Statements (Resumed) (20 Oct 2011)

Richard Boyd Barrett: None of the Fine Gael Deputies in our area runs clinics, however. They do not have to deal with people coming in to them. Does the Minister agree that the Keane report got it badly wrong given that it fails to utter one word of criticism of the bankers for their role in this crisis? Given that its guiding principles do not say anything about the culpability of bankers, developers or Fianna...

Report by the Interdepartmental Working Group on Mortgage Arrears: Statements (Resumed) (20 Oct 2011)

Richard Boyd Barrett: In directing the debate in the coming days, will the Minister state that the majority of people with distressed mortgages are victims of a problem that was created by bankers? They do not have an obligation to pay back inflated debts which resulted from the gross distortion of the property market by bankers' reckless lending and developers' irresponsible behaviour. Does he agree that is the...

Report by the Interdepartmental Working Group on Mortgage Arrears: Statements (Resumed) (20 Oct 2011)

Richard Boyd Barrett: I am nearly finished. How is it that €24 billion was put into the banks to guard against the worst case scenarios, including €8 billion for negative equity and unsustainable debt?

Report by the Interdepartmental Working Group on Mortgage Arrears: Statements (Resumed) (20 Oct 2011)

Richard Boyd Barrett: I have to finish the question.

Report by the Interdepartmental Working Group on Mortgage Arrears: Statements (Resumed) (20 Oct 2011)

Richard Boyd Barrett: It will not cost the public or the taxpayer any more to write down the negative equity. The banks will face the cost but that is why the money was given to them. Unless we take that course of action we will cripple our economy when it suffers the real cost of hundreds of thousands of families saddled with debts they cannot pay.

Report by the Interdepartmental Working Group on Mortgage Arrears: Statements (Resumed) (20 Oct 2011)

Richard Boyd Barrett: All of them were questions.

Report by the Interdepartmental Working Group on Mortgage Arrears: Statements (Resumed) (20 Oct 2011)

Richard Boyd Barrett: Why were the mortgage holders blamed then?

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