Seanad debates

Tuesday, 3 July 2007

Finance (No. 2) Bill 2007: Second Stage.

 

4:00 pm

Photo of Brian CowenBrian Cowen (Laois-Offaly, Fianna Fail)

I wish to give my critique of the situation. The Opposition made its suggestion at a time when a necessary correction was taking place with regard to unaffordable housing on the basis of double-digit house price inflation. It is necessary for a sustainable housing market to correct itself. While this correction took place, this proposal was made with a scatter-gun approach to change audit thresholds and make it more beneficial to try to win votes from prospective house purchasers, their parents or other concerned voters.

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