Oireachtas Joint and Select Committees
Wednesday, 1 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Joe Higgins (Dublin West, Socialist Party) | Oireachtas source
Mr. McCreevy, we've had evidence to the tribunal or the inquiry here and statistics to show that between 1996 and 2006, the price of a home each year increased for ten years in succession by the equivalent of the average industrial wage. That's the equivalent of the average industrial wage in an increase every year. Eight out of those ten years, Mr. McCreevy, you were Minister for Finance. Were you aware of the growing virtual economic crucifixion?
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