Seanad debates
Wednesday, 20 November 2002
Housing Grants: Motion.
Tom Morrissey (Progressive Democrats)
I am delighted to welcome the Minister. While I know thousands of people have benefited from this scheme, I received the first-time buyer's grant, but I was not a beneficiary. After I paid my booking deposit, the house price increased by the corresponding amount. This has been the practice since 1981. I purchased my first house on the weekend the first-time buyer's grant was increased by £1,000 to £3,000 at a Fianna Fáil Ard Fheis. The following week builders increased prices by the same amount.
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