Oireachtas Joint and Select Committees

Thursday, 13 April 2017

Committee on Budgetary Oversight

Stability Programme Update: Minister for Finance

2:00 pm

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael) | Oireachtas source

There is merit in the Deputy's point but in any supply and demand situation, price is the link. If there is no supply and high demand, there is something wrong with the pricing structure. Everyone in politics meets and talks to builders. We meet them in the normal course of events. I spent five years with builders telling me that they could not afford to build because the cost of building would have been less than the price that they could get.

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