Oireachtas Joint and Select Committees

Thursday, 5 July 2018

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

Banking Sector in Ireland (Resumed): Bank of Ireland

9:30 am

Photo of Paddy BurkePaddy Burke (Fine Gael) | Oireachtas source

On the cost of housing, particularly in Dublin, which is very expensive, has the bank looked at the cost of developments? New building regulations have increased the cost of building a house, but wages have been relatively static in recent years. People are finding it difficult to get a mortgage to cover the cost of a new home or to meet mortgage repayments. Has the bank considered how the cost of a house or the cost to the consumer could be reduced?

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