Kieran O'Donnell (Fine Gael) | Oireachtas source

My final question is concerned with macro issues. Back in July 2008 - before the crash - a predecessor of Mr. McLoughlin's, Mr. Richie Boucher, who was in the role at the time, appeared before the finance committee. In fairness to him he was the only one of the bankers who actually said publicly that we had a problem with liquidity. We are now in a situation where house prices are rising at a rapid rate, especially in Dublin. Are there any circumstances in which we could have a property crash again and what would those circumstances be? How are things different now with Bank of Ireland than nine years ago?