Seanad debates

Tuesday, 19 January 2016

2:30 pm

Photo of Caít KeaneCaít Keane (Fine Gael) | Oireachtas source

We were speaking about the rough sleeper situation and - Lord have mercy on him - Jonathan Corrie. The rough sleeper situation now has gone down 46% since November. That is 46% too high, because we want to do more about it. This morning, Cathal Morgan, director of the Dublin Region Homeless Executive, said that the supply of local authority housing is still at a low level. Obviously, we are starting from a nil base. Senator Paschal Mooney referred what we spent in 2008, but the social houses were not built. We had a sub-prime mortgage situation in 2008 that actually drove lending. Money was thrown at people who should never have been landlords in the first place. The whole thing was totally out of control in the sub-prime mortgage situation. That led to the reckless lending of the banks, which led to the downfall, which led to housing situation that we are now correcting.

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