Joe Higgins (Dublin West, Socialist Party) | Oireachtas source

There are some things that people could not know during the bubble, but one thing that was known was the price of homes and how that was inflating. Our researchers show concretely that from 1996 to 2006, the price of a home for an average working person went up each year by the equivalent of the average industrial wage. That happened every year for ten years. That was put down, in many quarters, to rampant speculation in land and rampant profiteering.