Oireachtas Joint and Select Committees
Wednesday, 13 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Joe Higgins (Dublin West, Socialist Party) | Oireachtas source
Now, can I ask you, Mr. Davitt, if during the 2000s, when house prices for first-time buyers especially, were shooting up by anybody's standard, and where research shows that between 1996 and 2006, the price of an ordinary home went up each year by the equivalent of the average industrial wage, which was a huge figure, and a huge imposition on the people who were now suffering the consequences. But your institute and your members, seeing the people who are the victims of this, if you like, did you make any representations to the Oireachtas or to any Government agency with regard to the seemingly unrestrained way that house prices were rising?
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