Seanad debates

Wednesday, 6 March 2024

Private Rental Sector: Motion

 

10:30 am

Photo of Garret AhearnGarret Ahearn (Fine Gael) | Oireachtas source

If the Senators listened they might actually understand why the public has now lost faith in them. Essentially, that person has to pay €300,000 and supposedly cannot afford to save. Let us say they cannot afford to save for a deposit. Under this Fine Gael Government, they do not need to because they have the help-to-buy scheme. They will be able to get €30,000 to buy that house. That can be used as their deposit. Let us take Sinn Féin's proposal, which is that that increases the cost of a house. I do not agree with it, but let us say they are right. In Sinn Féin's view, that house should cost €270,000, because our figure of €30,000 increases the price of the house. Yet, in that case, they would have no help-to-buy scheme. The Senators have just said that they cannot afford to save a mortgage. Where is that €27,000? We cannot change the rules of the Central Bank of Ireland in order that they can get a mortgage. Where, then, will they get their €27,000? I would love to be interrupted now. This is what we are dealing with-----

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