Oireachtas Joint and Select Committees

Wednesday, 22 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Joe HigginsJoe Higgins (Dublin West, Socialist Party) | Oireachtas source

You couldn't. Well, let's say for the sake of argument that ... and this is just for the sake of trying to illustrate a point in relation to housing particularly, that it went from €20 million to €100 million. That would mean that the price of a site, of the 1,500 homes, would go from €13,000 to €66,000. Do you think, Mr. Mulryan, as a major developer, that it's just and right that young people would then be paying that for the rest of their lives for the profits of banks and developers to-----

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