Oireachtas Joint and Select Committees
Wednesday, 17 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. David Doyle:
Well, the Administration of the day were aware that the market had overheated and there was a crazy level of output. The clamour of the day in relation to the higher prices was to try and have some sort of an intervention to make it easier for people to get houses. It was the market that was driving the completions, complete with the zoning, the banking credit, and as I said-----
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