Oireachtas Joint and Select Committees

Wednesday, 25 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

Dr. Mercille made a very interesting observation that in 2006 - ironically, when the property market was in decline and the crash had more or less happened - both INM and The Irish Timesbought property websites. Did Dr. Mercille do any study examining how a situation had arisen whereby two large media publications had purchased property websites when effectively the market had reached its peak and was on the way down?

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