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
Paddy Burke (Fine Gael) | Oireachtas source
A developer may only be able initially to fund 10% of the cost of development of 100 houses and must sell those ten houses before building the next stage of the development. That practice has led to problems in developments not being properly finished.
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