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

Was Professor Morgan Kelly also scaremongering, to use Ms Hunt's word, in December 2006 when he said in an article in The Irish Times, "If the experiences of economies similar to ours are anything to go by, we may be looking at large and prolonged falls in real house prices of the order of 40-50 per cent and a collapse of house-building activity"?