Oireachtas Joint and Select Committees

Thursday, 26 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

We dealt with this issue with representatives of the Irish Examineryesterday afternoon, and it will also come up with the other media representatives. During the period, there was a view that people felt they had to get on to the property ladder as quickly as possible because of escalating prices. This was creating a self-fulfilling prophesy in that it was driving up prices because it was increasing demand with the inevitable fear that "If don't get in this year, I won't be able to get in next year." What was the Irish Independent's reportage of that phenomenon, or was there such reportage?

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