Oireachtas Joint and Select Committees

Wednesday, 1 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

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

-----I'm talking strictly about residential accommodation where there was two agencies in the market, people trying to buy homes and investors, and the investors had, in the way the tax structure was created, a more favourable method to repay the mortgage. The mortgage was ultimately cheaper for them.

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