Oireachtas Joint and Select Committees

Thursday, 2 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Brian Cowen:

Well, I mean, that comes back down to, you know, problems with planning and where ... where ... where the permissions were being granted and where the demand was being made and, at the end of the day, you know, I can't ... I can't say anything about that. All I can say is that by 2007-2008, we had reached the point ... the inflection point, where prices were coming down and that had come in the aftermath of very high housing output in the previous year.

Comments

No comments

Log in or join to post a public comment.