Results 9,021-9,040 of 16,492 for speaker:Ciarán Lynch

Written Answers — Department of Children and Youth Affairs: Medical Records (17 Jul 2014)

Ciarán Lynch: 786. To ask the Minister for Children and Youth Affairs the way in which a person (details supplied) in County Cork can obtain medical records relating to a period of detention in an industrial school; and if he will make a statement on the matter. [32506/14]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (Resumed) (16 Jul 2014)

Ciarán Lynch: Mr. Allen indicated that he would like to come in on that issue.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (Resumed) (16 Jul 2014)

Ciarán Lynch: The Senator can ask a question at the end.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (Resumed) (16 Jul 2014)

Ciarán Lynch: I will bring matters to a conclusion. I thank the witnesses for coming here today. It has been a constructive and worthwhile discussion and certainly has assisted the committee in its series of meetings with different sectoral interests as part of our pre-budgetary considerations. I thank the witnesses for their submissions and engagement with the committee.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (Resumed) (16 Jul 2014)

Ciarán Lynch: I call Senator Barrett and will give some time to wrap up if there is anything else.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (Resumed) (16 Jul 2014)

Ciarán Lynch: Mr. Davitt might answer that question. In summary, the construction or production cost of a house still is quite expensive, despite the price of property.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (Resumed) (16 Jul 2014)

Ciarán Lynch: Up or down?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (Resumed) (16 Jul 2014)

Ciarán Lynch: Let us speak straight, as that is a case of supply and demand. We have houses in Roscommon and my research on this matter shows that back in 2006 and 2007, we were building 60% more houses than actually were required by the market. Moreover, we also were building them in the wrong places. In cities such as Cork, Limerick and Dublin, there is no vacant build such as exists elsewhere and...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (Resumed) (16 Jul 2014)

Ciarán Lynch: However, the question Senator Barrett is asking is very simple. It does not matter whether one is living in Leitrim, Cork, Dublin, Donegal or anywhere else. One simply takes the national industrial wage and applies it to that area in the country. The committee heard disputes on figures yesterday, when IBEC and others appeared before the joint committee, stating the national industrial wage...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (Resumed) (16 Jul 2014)

Ciarán Lynch: Mr. Davitt is suggesting that a potential bubble is coming down the line. My response to is to ask how can there be a potential bubble, if one maintains prudential lending practices? This bottle I have to hand can be worth as anybody is willing to pay for it. However, were the bank to tell me it can only give me three times my income to buy this bottle, so doing would contain the market....

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (Resumed) (16 Jul 2014)

Ciarán Lynch: It was always temporary and was never meant as a long-term measure.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (Resumed) (16 Jul 2014)

Ciarán Lynch: Would utility bills be separate?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (Resumed) (16 Jul 2014)

Ciarán Lynch: I suggest that the land banks NAMA has amassed in recent times have, perhaps through a process of default, overcome the constitutional difficulties identified in the Kenny report. It is now possible for an agent acting on behalf of the State to control the release of land to the market, as opposed to what occurred with developers in the past. Is this something the witnesses have considered...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (Resumed) (16 Jul 2014)

Ciarán Lynch: It should be released.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (Resumed) (16 Jul 2014)

Ciarán Lynch: I am referring to green and brown field sites as opposed to units. NAMA's extensive holdings of green and brown field lands brought us to the position set out by the Kenny report, albeit not by the route we would have preferred to have taken.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (Resumed) (16 Jul 2014)

Ciarán Lynch: In this case the return would be to the developer and we lose the opportunity.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (Resumed) (16 Jul 2014)

Ciarán Lynch: I mean where a person rents a property with a view to buying it eventually.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (Resumed) (16 Jul 2014)

Ciarán Lynch: I could understand that in 2008 and 2009 when the market was bottoming out. However, if someone was renting in 2009 and paying €15,000 per year, it made more sense to keep doing that due to the fact that depreciation in the value of properties of €300,000 was running faster than that. One would be out of pocket €30,000 by buying the building as opposed to renting it....

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (Resumed) (16 Jul 2014)

Ciarán Lynch: Can Mr. Davitt tell me something more about the vacant land levy?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (Resumed) (16 Jul 2014)

Ciarán Lynch: Would these be business sites as much as residential?