Oireachtas Joint and Select Committees
Thursday, 27 November 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Mortgage Insurance Schemes: Discussion
2:35 pm
Dr. Ronan Lyons:
No, I gave my thoughts there. The only other measure that could be brought in - and it gets back to the Vice Chairman's point - is the building society model versus the bank model that was adopted. That is savings versus short-term debt, but the intermediate is the long-term debt. One would have basically switched people to fixed interest rates and given them security of repayment.
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