Oireachtas Joint and Select Committees
Wednesday, 22 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
I remember the Elysian when it was built and the one abiding memory I have of it, Mr. O'Flynn, is I think that a one-bedroom apartment in it was something like €385,000 and you could get a Porsche kitchen put in for about €100,000 on top of that. I think it might be cheaper to buy the car and you would have had a better investment in the long run, but you could get a ... at any time, did anybody say ... because, remember ... because I live in Cork, you could still get quite a good house in the suburbs of Cork for in around €350,000. You were selling one-bedroom apartments for the same price, if not more, with the super-duper kitchen to go with it. Did anybody say "this business model is a-----
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