Oireachtas Joint and Select Committees

Thursday, 16 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Bertie Ahern:

I think it did, and I think Peter Bacon's point that we did it too quick ... but that did correspond with the dotcom slowdown as well, Chairman. But the reason ... the main reason was the increase in rents. I mean, that's why it was changed. I mean, I've seen somewhere that there was lobbies ... and there were lobbies maybe about the stamp duty but the rents astronomically increased in that period. What we're looking ... I've no problem with the graph and I accept that the graph ... but I'd like to see what the graph showing the rents.

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