Oireachtas Joint and Select Committees

Wednesday, 10 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Tom O'Connell:

No, contrarian ... I wouldn't call them contrarian views. But I ... they were sort of realistic views. Yes, I mentioned that example of the need for more zoning of land, which was a crying need at the time. I mean, as I said, these guys had cornered the market in zoned land in north Dublin. In fact. there's another case ... it arose in Waterford ... in Dungarvan I think. I mean, it mattered greatly where on a map the line for rezoning was. So when I put that up ... because you had to increase housing supply, particularly in the greater Dublin area and you weren't going to do that unless you had more land zoned. So when I put a very tentative point in the comment which was the editorial for the bulletin, to push it up the line to say we need to consider, you know, more zoning or whatever or, you know, some very milk and watery language, that was deleted. It didn't go beyond ... it didn't get to the board.

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