Oireachtas Joint and Select Committees
Thursday, 1 November 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Discussion with Bank of Ireland
12:30 pm
Stephen Donnelly (Wicklow, Independent) | Oireachtas source
Using the same example of a mortgage of €500,000 against a property that is worth €300,000, is Mr. Boucher saying the €200,000 difference between the mortgage and the asset value is not what he means by negative equity?
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