Oireachtas Joint and Select Committees
Wednesday, 27 November 2013
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Finance (No. 2) Bill 2013: Committee Stage (Resumed)
2:10 pm
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
We need to put the debate in context. If a property was once worth €200,000 and then halved in value to €100,000 before increasing to €115,000, it is still a long way short of the original value. This is an intervention in the market. The Government is interfering in the property market.
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