Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

There is another point as, in fairness, he answered Deputy Donnelly and the conversation went on. When the Central Bank introduced the macroprudential rules, it is indicated in the question-and-answer document it released to the public that one of the reasons for the introduction of the rules, including the loan-to-value ratio, was that it wanted to ensure we did not have a spiral in house prices. There are only two rules dealing with loan-to-value and loan-to-income ratios. The Minister has taken the rug from under the Central Bank, undermining the loan-to-value rules because-----