Oireachtas Joint and Select Committees

Thursday, 3 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

They should have been priced out but they didn't become priced out because house purchasing continued right up to the peak of the crash later in the decade because the figures show us that there were even more houses being bought. It wasn't that the slide is going up in price; the consumption of houses is increasing also.

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