Oireachtas Joint and Select Committees

Wednesday, 26 November 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Banking Sector: Central Bank

3:00 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

May I put an alternative scenario? I think the problem in the housing market is the extraordinary concentration of ownership in a few hands. Has the concentration of ownership intensified in recent years? I suggest that, in recent years, as homes have been repossessed and people have found themselves unable to purchase homes, a greater concentration of ownership has occurred. A small number of corporate investors are buying up properties.

Comments

No comments

Log in or join to post a public comment.