Fine Gael’s promise to rescue mortgage holders in negative equity by extending more mortgage interest relief to them should make me despair more than I do already about the future of this country.
However, since Michael Noonan’s absurd idea, which also includes mortgage interest price controls is just that – an empty promise – it isn’t worth getting too annoyed or indignant.
Nor should anyone in serious negative equity actually pin their hopes on the likes of Noonan – or any other elected politician – to solve their mortgage woes.
The mortgage problem is past solving with more tax tweaks or twirls.
