Aideen Hayden (Labour) | Oireachtas source

On Second Stage I raised the plight of people in the private rented sector. A significant number of people in Ireland face serious arrears and negative equity on buy-to-let mortgages. There are comprehensive statistics on this issue which show that the vast majority of landlords own one or two properties. Many of them were advised by their banking institutions to purchase their properties and were incentivised to do so by successive Governments. It was suggested that there would not be sufficient provision for pensions for people in this country when they reach old age and that individuals should be putting something by.