Seanad debates

Tuesday, 25 October 2011

Report by Interdepartmental Working Group on Mortgage Arrears: Statements (Resumed)

 

5:00 am

Photo of Aideen HaydenAideen Hayden (Labour)

I only need 30 seconds. We must look to the banks to take a share of the burden. I strongly advocate shared equity. At the very least, the interest on any split mortgage should be parked.

I agree with the Minister of State; we must move forward, as the market has ceased to operate. I strongly advocate the establishment of some type of third banking force, as we cannot continue as we are.

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