Seanad debates
Wednesday, 14 November 2018
Home Building Finance Ireland Bill 2018: Second Stage
10:30 am
Michael D'Arcy (Wexford, Fine Gael) | Oireachtas source
Within a short period we encountered a housing crisis. I find it most amazing that we have a housing crisis considering that the population of the State is 4.8 million people and that there are 2.1 million homes. We want to get the Bill through the House immediately or as quickly as we can because we have finished it in the other House and the sooner we can get it through, the better. We want the structures to be in place as early as possible in the new year. I am not able to answer the question about the €20 million limit.
On the use of a multiplier in the calculation of the local property tax, the group has not yet reported on how the local property tax will be altered or changed, but we will find out soon enough.
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