Seanad debates
Wednesday, 20 November 2002
Housing Grants: Motion.
In reversing the Bacon report it was done on a one size fits all basis. I listened to the Minister of State on the radio at the weekend and I do not disagree with many of the points he made. I simply disagree with the way the problem has been addressed on this occasion. Will the Minister of State look again at the Bacon report and the problems it appeared to create until we decide our rental market? It is not difficult to make changes to the Bacon report in such a way that the first-time buyer is not in conflict with the investor. Bacon can be put back in place for certain areas, certain types of accommodation or certain types of building. One can choose areas of the city where Bacon will be implemented and the investors will keep out of the area. It can be assigned to certain types of apartments or certain other categories. Time does not permit me to go into this but it can be done. In that way both would be kept apart.
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