Oireachtas Joint and Select Committees

Wednesday, 13 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Eoghan MurphyEoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source

Yes, but even by point of view of, say, where you're in an almost cartel-like position or monopoly-type position, you can use your land banks to influence potential valuations because you're able to put the pressure on the valuers, given your size of the market.

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