Oireachtas Joint and Select Committees
Thursday, 7 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Joe Higgins (Dublin West, Socialist Party) | Oireachtas source
So, you're all using the same basic data, in other words, is what you're saying? Yes, okay. Mr. McLaughlin, just going back to the point of commercial property housing crash, etc. Would it be true to say that there is quite a link between them in the sense that significant commercial loans would have been given, as you clarified, for what were to be extensive residential developments, and extensive loans would have been given for what became ghost estates, so that the crash in housing did go, very much, into the commercial side, in that regard, is that true?
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