Oireachtas Joint and Select Committees

Wednesday, 16 July 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Pre-Budget Submissions: Discussion (Resumed)

5:00 pm

Mr. Patrick Davitt:

I firmly believe it should be released. We all know that the price of property and houses have increased. If we do not build more houses, there is only a certain amount of supply. It is simple arithmetic to determine that the price of houses will increase in the absence of supply and if there is supply prices will not increase, or certainly not as fast.

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