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

Professor Philip Lane:

It is going to depend. This is not an absolute statement because it depends on the state of the economy. Under the good economic conditions we have, some degree of price increases will remain in line with fundamentals. Honestly speaking, I think it is probably fair to say that if we saw national house prices growing in double digits again this year, I would be looking at that. It depends-----

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