Don't burden taxpayer in housing 'kickstart'
Published 19/04/2011 | 05:00
I SINCERELY hope that plans to 'kickstart' the market do not mean a resumption of outrageous house prices which caused our problems in the first place. Property auctions are useful, but not if only non-borrowers can afford these houses. Also, limited debt forgiveness is good, but only in exceptional circumstances, and only if the banks take this loss without foisting it on the taxpayer.
Taxpayers who never owned a home must be protected against the injustice of paying for the monopoly games of others.
Dr Florence Craven
Maynooth, Co Kildare