Oireachtas Joint and Select Committees
Thursday, 12 March 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Mr. Frank McDonald:
The central recommendation was pretty clear - it was that land that was required for development in this country should be capable of being acquired at its agricultural value plus a premium of about 25%. In other words, the speculative element of zoning would have been practically eliminated if that was the case.
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