Written answers
Tuesday, 16 December 2008
Department of Finance
Fiscal Policy
9:00 pm
Finian McGrath (Dublin North Central, Independent)
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Question 178: To ask the Minister for Finance if he will support a matter (details supplied). [46116/08]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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It is generally recognised that there is an unusual number of unsold houses on the market at present. Developers and others are naturally anxious to sell and in many cases have reduced prices, but this is a business decision for them. There is no indication at this stage that banks have taken possession of an unusual amount of property.
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