proposal of a temporary mortgage interest relief scheme on the grounds that it might actually lead to an increase in house prices.
“We haven’t ruled out not doing anything at all on mortgage interest relief. But anything we do would be very targeted to people who are in financial distress, who are struggling to pay their mortgage and may potentially lose their home, because nobody wants that to happen.” Turning to the Sinn Féin proposal, Mr Varadkar said: “The difficulty with an across-the-board mortgage interest relief is the when it was there before it actually had the effect of increasing house prices and increasing the amount of mortgages people would get from their banks, and therefore increasing their debt.
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