Seanad debates

Wednesday, 26 March 2003

Finance Bill 2003 [ Certified Money Bill ] : Committee and Remaining Stages.

 

The changes made by the Minister were meant to mitigate and modify the effect of getting rid of the first-time buyer's grant. I accept the argument that they do not do this completely. On the other hand, the price and affordability of houses depend on more factors than mortgage relief and grants available. The Minister has spoken at length about what is needed to moderate and bring down prices, much of which has to do with supply and demand. If we can spread employment opportunities around the country, it will lead towards something of great interest to the constituency which I shadow, that of decentralisation.

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