Seanad debates
Thursday, 30 July 2020
Financial Provisions (Covid-19) (No. 2) Bill 2020: Committee Stage (Resumed) and Remaining Stages
10:30 am
Paul Gavan (Sinn Fein) | Oireachtas source
I oppose section 8. I will be brief because we have discussed this at length on Second Stage. This section is bad politics. The policies here are going to drive up the price of housing. We have seen a previous Parliamentary Budget Office report on the help-to-buy scheme. It is a poor scheme and disproportionately benefits higher income earners and is not what we need. The last thing we need is to drive house prices up even further. The Minister has even conceded the weakness in no impact assessment having taken place. The intention of our party is to oppose this entire section.
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