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Ireland · Question · written

PQ 60

128 Aengus Ó Snodaigh asked the Minister for the Environment, Heritage and Local Government in view of the fact, there is a real probability that mortgage interest rates will continue to increase over the coming 18 months, his views on the findings of the affordability index produced by EBS Building Society and DKM Economic Consultants on 6 June 2006 which found that mortgages State wide cost 27 per cent of earnings on average, with first-time buyers in Dublin spending 32 per cent of their income on repayments. [22482/06]

askedIreland· Dáil Éireann· EN

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13 June 2006

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written

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13 June 2006

Summary

128 Aengus Ó Snodaigh asked the Minister for the Environment, Heritage and Local Government in view of the fact, there is a real probability that mortgage interest rates will continue to increase over the coming 18 months, his views on the findings of the affordability index produced by EBS Building Society and DKM Economic Consultants on 6 June 2006 which found that mortgages State wide cost 27 per cent of earnings on average, with first-time buyers in Dublin spending 32 per cent of their income on repayments. [22482/06]

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Social and Affordable Housing.

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