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

Photo of Gerard CraughwellGerard Craughwell (Independent) | Oireachtas source

I am just wondering about the land banks that were built up by developers - those that are still solvent. Is that in some way influencing the supply side of the market where they are now trying to recoup their costs from that time, so we are getting an inflated price for the houses they are going to build in the immediate future?

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