Oireachtas Joint and Select Committees

Wednesday, 24 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. John McCarthy:

I can't recall exactly, but what I suspect, Deputy, was that the assistant principal in charge of the area would have been tasked with looking at various reports that come from the likes of, you know, the kind of construction groups, Savills and so forth, who look at commercial property, what the vacancy rate is in the various urban areas and so forth. So kind of building a database along those lines is what I strongly suspect was the, was the action point so to speak.

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