Results 18,701-18,720 of 26,053 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)
Kieran O'Donnell: Does Dr. Lyons understand the point I am trying to make?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)
Kieran O'Donnell: The Central Bank proposal?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)
Kieran O'Donnell: What about a multiple of one's earnings?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)
Kieran O'Donnell: I think times earnings is vital, the capacity to repay is the most important point.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)
Kieran O'Donnell: I take Dr. Lyons's point.
- 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.