Oireachtas Joint and Select Committees
Tuesday, 2 April 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion
Rose Conway Walsh (Sinn Fein) | Oireachtas source
Let us say we are at the top of the housing market now or we are very near it. It is overheated. A firm might make a business decision on that. If it owns a lot of properties that are highly valued, in light of the impact of Brexit, etc., it may project that housing prices will fall. It may make the decision to sell, which could lead to a lot of repossessions. Could that happen? Mr. Tobin is very certain about repossessions.
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