Oireachtas Joint and Select Committees
Thursday, 28 September 2017
Joint Oireachtas Committee on Housing, Planning and Local Government
Action Plan for Housing and Homelessness: Minister for Housing, Planning and Local Government (Resumed)
9:00 am
Eoghan Murphy (Dublin Bay South, Fine Gael) | Oireachtas source
There are a number of reports that say what I am saying here, namely, that an over-investment in property led to a collapse in the banking sector, which, in parallel with an over-reliance on cyclical taxation, meant that at a particular time both led to a cliff edge for the economy. If we go back to 2008 and say that those were sound numbers to have, either from an investment and construction point of view or from the perspective of the management of public finances-----
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