Oireachtas Joint and Select Committees

Wednesday, 29 April 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of the Banking Sector in Ireland (Resumed): Bank of Ireland

2:00 pm

Photo of Arthur SpringArthur Spring (Kerry North-West Limerick, Labour) | Oireachtas source

If I may say so, it is making it very difficult for the market to catch up with demand. The banks do not seem to be engaging on this at all. We are hearing that between 15,000 and 20,000 houses need to be built per annum and what I can glean from the banks thus far is that this is not the role they want the property market to play in their business.

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