Oireachtas Joint and Select Committees
Wednesday, 4 March 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Professor Alan Ahearne:
I brought up the fact that prices were getting out of line with rents because we had seen it before. It was an issue. Some investors had no rents coming in. The 2006 census found a large quantity of empty properties. They were buying up property but not even bothering to rent it out.
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