Seanad debates
Monday, 9 November 2009
National Asset Management Agency Bill 2009: Second Stage
10:00 pm
Brian Lenihan Jnr (Dublin West, Fianna Fail)
If Senators want to believe this country is like Japan and is going to go into further decline and that it is bankrupt, they had better formulate their policies accordingly for the next general election. I do not believe that and I am acting on sound economic advice that tells me the yield from the rental market, for example, here in Dublin is at 8% which is extraordinarily high, the highest ever in the history of the State.
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