Fidelma Healy Eames (Fine Gael) | Oireachtas source

Professor Honohan is probably aware that we in the Reform Alliance have just launched a new policy document, Fair Value Lending, which is concerned with preventing reckless lending in the future. Has he had a chance to study this policy, a copy of which he received and acknowledged with interest? This policy would require the Central Bank to implement it. In Professor Honohan's view, what is the correct ratio between income and mortgage size that will ensure we never again reach a stage where people will be lent 16 times their income?