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

It is the most significant new agency on this island. The reason I am asking this question - I am sure other members might digress into areas that are related to this - is that if the average house price is running several multiples ahead of the national wage, that is an indication that there is something happening in the property market that needs to be dealt with. If advertising is running so fast in media - if the advertising figures are so off the mark compared to the situation two or three years previously - does the question then get asked in the media as to what is actually going on here?

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