Oireachtas Joint and Select Committees

Wednesday, 29 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Yes, because a bubble can be caused by a number of reasons, am I correct in saying that? It can be in the past caused by credit, or in the future caused by, or in the present caused by lack of supply. And to take me onto that question you mentioned about the interaction that AIB is having with six developers. I think you've mentioned last July that you were looking to fund 5,000 houses in the Dublin market. Has that shown any traction, as you expected in 2015 that there'd be significant traction?

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