Oireachtas Joint and Select Committees
Wednesday, 8 November 2017
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Finance Bill 2017: Committee Stage (Resumed)
10:00 am
Michael D'Arcy (Wexford, Fine Gael) | Oireachtas source
Deputy Pearse Doherty said that 2013 was the bottom of the trough, and it was. I remind him that we needed foreign equity to come in to try to move the property market. The Deputy should not ignore where we were back then. He is simply taking the negative and suggesting that everything was perfect. We needed foreign funds to come in to the Irish residential property sector and the commercial real estate sector. Many of those companies have come in. They are building all over this city and throughout the remainder of the country. Deputy Pearse Doherty should not ignore that.
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