Oireachtas Joint and Select Committees
Wednesday, 20 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Michael D'Arcy (Fine Gael) | Oireachtas source
The ... we know the NAMA numbers were ... people who were transferred were people with €20 million plus. I just want to take the comparison between that and the policy exceptions for owner-occupiers and the policy exceptions for buy-to-let mortgages. The policy ... on page 47 ... on ... in 2005 we have the policy exceptions for owner-occupiers at 10% and for buy-to-lets at 20% ... at 19%; 2006, 9% for mortgage, buy-to-lets, 17%; 2007, 7% versus buy-to-lets, 16%; and then, finally, in 2008, 5% owner-occupier exceptions and 13% mortgage buy-to-lets. The difference, Mr. McDonnell, is two times and three times owner-occupier versus mortgage buy-to-lets. And then the only percentage figure that we have for NAMA is 73%. Can I ask you did the exception become the rule and the rule become the exception?
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