Oireachtas Joint and Select Committees

Thursday, 3 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. David Went:

I am not sure. I am not sure that the first-time buyer mortgages had as big an impact as one ... as you might think, you know in terms of the impact on house prices. Certainly interest-only loans made it easier for people to acquire residential investment properties and clearly if there was a ready availability of credit that certainly could allow prices to increase.

Comments

No comments

Log in or join to post a public comment.