Oireachtas Joint and Select Committees

Thursday, 23 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of John Paul PhelanJohn Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

Okay, do you think ... I was interested in your comments again to an earlier question that he asked where you said that you ... he posed the question "Were you concerned about the huge increase in house prices from two and a half times income to 12 times?", and you said that that "was our concern". We've had evidence from other people who were involved in development that they may have had similar concerns. I'm just interested to know did you ever express those concerns or is that something that you're just looking at with hindsight now?

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