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
Richard 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.
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