There is potential.
On prevailing side: this member voted with the winning side in 22 of 449 decisive votes (2 abstentions excluded). Read it as a government-or-opposition indicator rather than a measure of influence — the figure is near 100% for members supporting the government of the day and near 0% for those opposing it.
This is the point of the site: contributions keep the party held on the day, not the one held now.
| Party | Recorded as | Contributions | Period |
|---|---|---|---|
| CC | Ceann Comhairle / Chair | 7,413 | 2020-03-19 – 2025-07-09 |
| IND | Independent | 2,272 | 2020-02-20 – 2025-10-08 |
Membership spells on record: IND 2016-03-10–2016-05-30 · I4C 2016-05-31–2020-01-14 · IND 2020-02-08–2024-11-08 · IND 2024-11-29–2025-10-25
There is potential.
I am back again on the help-to-buy scheme. I am specifically asking the details of the analysis underpinning the decision to extend the scheme and the plans for phasing it out. I ask that in the context of a scheme that was introduced with a value of €40 million. That was the annual estimate. That has risen to €181 million in 2022 and the total cost at the moment is bordering on €1 billion, at €890.8 million.
I thank the Minister for his reply. He quoted Mazars in relation to a lack of evidence. The report said there was no definitive evidence. It stated: "The scheme is poorly targeted with respect to incomes, location, house prices and other socioeconomic factors." Will the Minister comment on that part of the report? The report also states: "As a result, it has socially regressive impacts, there is a considerable deadweight associated with the expenditure, and it is poorly aligned with spatial policy." It goes on and …
I am no financial expert but when the Minister quotes Mazars, he does so selectively. The Mazars report recommended phasing the scheme out, stated it was poorly targeted and included other comments I cannot quote in one minute. I would be delighted to tease out this matter further with the Minister.
Thank you. The ESRI said the scheme is likely to contribute to higher house prices. The Parliamentary Budget Office stated one third of the recipients did not need help to buy to meet the 10% deposit and that, in 2021, 63% of the claims for the scheme were used to buy properties above the national average house price. I can only talk as an ordinary TD reading the reports and looking at what is happening with houses prices skyrocketing all the time. I ask the Minister specifically for timelines for phasing out the s…
I remind people about their phones and time limits.
Tánaiste, we will hold the clock for a minute.
Deputy, I am holding the clock to allow for order to resume. Please allow the Tánaiste to speak uninterrupted.
Tánaiste, shush please. Can we do this through the Chair, please? Can we listen please?
Tánaiste, the clock is now running again.
Deputy, please.
Minister.
That is it.
No, sorry. We are not going to have this sniping across the floor. I will resume my seat and we will listen to the Tánaiste uninterrupted.
Deputy, please. Tánaiste, tá muid thar ama.
Tánaiste, tá muid thar ama.
Sin é.
Thank you Deputy. We are way over time.
Resume your seat, Deputy Carthy.
Deputy Carthy, resume your seat.