Oireachtas Joint and Select Committees
Tuesday, 26 January 2016
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Banking Sector and Central Bank of Ireland: Discussion
3:50 pm
Sean Barrett (Independent) | Oireachtas source
There is a report in the Financial Timestoday stating the factor of house prices to average incomes in Hong Kong is 19. I think the factor in Ireland at the top was 12. There was the era during which houses cost 2.5 to four times average income. Would this be a goal to help us to solve a lot of our housing problems? I am worried about excess credit growth causing bubbles.
No comments