Oireachtas Joint and Select Committees
Wednesday, 22 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Michael O'Flynn:
Well, I've heard previous reports of this inquiry. Land drives the price of houses more than anything else and the first rule of business was always to stay in business, but there was probably a time in the 2000s when we should all have packed our bags, really, because of the price escalation of land.
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