117 Deputy Eamon Gilmore asked the Minister for Finance his views on the recent Economic and Social Research Institute report which indicated that some 200,000 households, or one in three mortgages, could be in negative equity by end 2010; if his attention has been drawn to the fact that the true number in negative equity could be far higher if house prices have fallen by 50% or more from their peak by that time; his plans to bring forward proposals to deal with this phenomenon; and if he will make a statement on the matter. [37680/09]

Summary

117 Deputy Eamon Gilmore asked the Minister for Finance his views on the recent Economic and Social Research Institute report which indicated that some 200,000 households, or one in three mortgages, could be in negative equity by end 2010; if his attention has been drawn to the fact that the true number in negative equity could be far higher if house prices have fallen by 50% or more from their peak by that time; his plans to bring forward proposals to deal with this phenomenon; and if he will make a statement on the matter. [37680/09]

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• House Prices.

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