Sunday 11 December 2016

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.

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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

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