Oireachtas Joint and Select Committees
Thursday, 21 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Eoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source
Okay. In the 2006 stress test there were two scenarios, shock scenario one and shock scenario two. Shock scenario one was the extreme scenario and it included a decline in house prices of 40%. Why was that?
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