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

Okay. Mr. O'Flynn, you asked a question in the course of answering ... or, here, tonight, and you posed, "How can we build houses that people can afford?" You're aware that a High Court judge, Kenny, had a report in '73-'74 ... that the price of building land should be controlled so that speculation was ruled out. And if you combine that with building homes at cost prices, people can afford that then. Is that ... wouldn't that be true? If the speculation and the profiteering was ripped out of the system then people could afford.

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