Oireachtas Joint and Select Committees

Thursday, 16 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Bertie Ahern:

Yes. Well, I think you're right, but the wizards in the IMF and the OECD, by the way, say we shouldn't be building any social housing, we should be doing it all through buy-to-let properties and that that's the way we should be dealing with social housing, which I entirely disagree. But, yes, we were subsidising it and no doubt the taxpayer was subsidising it.

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