Seanad debates

Wednesday, 10 October 2018

10:30 am

Photo of Terry LeydenTerry Leyden (Fianna Fail) | Oireachtas source

I want to make a very important and significant point. There should be a national housing bond of approximately €3 billion. People have money saved in banks at 0.2% interest. If one got a 20 year loan from people like that at even 2%, one would raise an enormous amount of money that could be spent on housing and solve this problem once and for all.

I do not have any approval from the party to say this but I will say it anyway. There should be a designated senior civil servant in housing to liaise with our Deputy Darragh O'Brien to see the implementation of the budget which was agreed in the Dáil yesterday. That is the only way of ensuring that our confidence and supply agreement can be implemented. I have no confidence whatsoever that this Minister or the Department will do it without the input from a Fianna Fáil link to the implementation of budget 2019.

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