Seanad debates

Monday, 9 November 2009

National Asset Management Agency Bill 2009: Second Stage

 

1:00 pm

Photo of John Gerard HanafinJohn Gerard Hanafin (Fianna Fail)

-----there is no country in which property prices did not reach their original price seven years after falling into a trough. Those who say we will lose money and that we have imposed this debt on our children err. We can reasonably expect this will be self-financing.

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