Oireachtas Joint and Select Committees

Thursday, 10 May 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Banking Sector: Quarterly Engagement with the Central Bank of Ireland

9:30 am

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Does Professor Lane have any concerns for people who are buying now and who are taking out massive mortgages? They will be mortgaged to the hilt for the next 30 years and Professor Lane has said there is a "material risk" that prices will actually fall in the next two or three years.

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