Oireachtas Joint and Select Committees

Thursday, 3 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

There was high employment and so on. The question is: what impact did it have on the property market? Do you accept now today with hindsight, for example 100% loan-to-value ratios and interest-only loans ... did you, do you believe that they helped create a property bubble which allowed prices to spiral - some would say - out of control?

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