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

Yes, finally, Ms Harney, in evidence to this inquiry, Mr. McWilliams ... referring to a "Prime Time" October 2003, where he said:

The Irish housing market is a scam. It is an enormous financial swindle that could potentially confine an entire generation of young Irish people to years of bad debt. Far from being a reflection of economic vitality and fundamental demand the housing bubble is, in the main, a vacuous financial confidence trick that has been foisted on us by an alliance of banks and [...] landowners.

Then he referred to the price of an average home close to ten times the average wage. Do you agree with his analysis now?