Statement by Seamus Healy TD 087-2802199

Professor Ray Kinsella , Professor of Banking at UCD, has supported the view of Seamus Healy TD that the extent of repossessions of homes now in train constitute a major crisis. Taoiseach Kenny has contended in reply to a leaders question from Seamus that the problems are “solvable” within existing arrangements and to say otherwise is scaremongering.
In his column in the Irish Examiner to-day Friday April 4, Professor Kinsella says:

“But there are also developments in the wider economy that impact on health, including mental health, that is left pushed to the outside of a policy calculus on UHI. A notable example is the exponential increase in housing repossession now under way and which will inevitably and inexorably impose the most severe levels of mental stress, and worse, on the health of tens of thousands of householders.

The Government knows this to be the case — the figures cited in the Dáil recently by Séamus Healy TD are truly shocking. TDs have repeatedly referred to the causes of this crisis and what needs to be done. Mainstream politics is in denial.”

Advertisements