Oireachtas Joint and Select Committees

Wednesday, 22 April 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of the Banking Sector in Ireland: Allied Irish Banks

2:00 pm

Photo of Peadar TóibínPeadar Tóibín (Meath West, Sinn Fein) | Oireachtas source

There is a lot of debate about the dysfunction within the property market. Property prices are increasing rapidly, while rent costs are spiralling. Part of the problem is on the supply side. The view is that the banks are not lending to builders or are lending at a percentage which makes things impossible. Do the delegates have any insight into that element of the market?

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