Ciarán Lynch (Cork South Central, Labour) | Oireachtas source

And Mr. Bacon wrote three reports for the Government on the housing market. His measures ... and we have engaged with Mr. Bacon in the earlier part of this inquiry, his measures resulted in the pace ... in the pace of price growth halving from the first quarter of 1998 to the same period of 2000. This was largely undone in 2001 when the measure to exclude interest deductibility was reversed. In your view, can you explain the rationale behind the decision, and were there any influencers, lobbyists, or anybody else behind that decision?