Seanad debates

Wednesday, 6 December 2006

10:30 am

Photo of Michael McCarthyMichael McCarthy (Labour)

Much has been said in recent times with regard to house prices and the ever-widening gap for young, hard-working people who cannot afford to buy their own homes. Much debate is centred around stamp duty, which was the issue floated recently by the Progressive Democrats. Today marks the fourth anniversary of the abolition of the first-time buyer's grant by the then Minister for the Environment, Heritage and Local Government, Deputy Cullen. Will the Government re-introduce that grant? It would be one small step on the road to allowing younger people back into the housing market.

It is seldom we on this side of the House agree with Senator Mansergh but I agree it is quite hot in the Chamber today. I suggest the Senator joins backbench Fianna Fáil Members on the plinth for the rest of the day, where I am sure there will be plenty of hot air.

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