Seanad debates
Wednesday, 28 June 2017
National Housing Co-operative Bill 2017: Second Stage
10:30 am
Michael D'Arcy (Wexford, Fine Gael) | Oireachtas source
There are major issues. Affordability is the biggest issue and the Bill does nothing for people who want to purchase property. The problem with the rental sector is that not only is there a lack of housing, too many people are renting.Until we have houses that people on average salaries can purchase, they will be renting. There is huge pressure on rent.
I am pleased that the Senator accepts this is the start of a debate and I am happy to start it. In our opinion, and that of the Department of Finance, there are enormous deficiencies in the Bill.
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