Seanad debates

Thursday, 4 March 2004

11:00 am

Fergal Browne (Fine Gael)

I support the call for a debate on housing. It is worth noting that of the 60,000 houses built last year, some 30,000 were purchased by investors. When one considers that €0.75 billion was spent on tax relief, the manner in which first-time buyers have been forgotten is outrageous. The Minister for Finance hinted in this House that he would do something about mortgage interest relief for first-time buyers, but he did nothing.

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