Loans to redeem land annuities

Summary

Kitt asked whether loans could help farmers buy out annuities amid high land prices; the Minister said this could raise prices further.

Mr. Kitt

Have the Department any proposals to make loans available to these farmers who buy these annuities because at the moment the price of land is very high——

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Seán Treacy An Ceann Comhairle Labour Party

The Deputy is raising another matter.

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Mark A. Clinton Mr. Clinton Fine Gael

That would increase the price of land even more.

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