Oireachtas Joint and Select Committees
Tuesday, 23 March 2021
Committee on Budgetary Oversight
Pre-Stability Programme Update: Discussion
Neasa Hourigan (Dublin Central, Green Party) | Oireachtas source
Okay. Dr. Cassidy spoke to another Deputy about the cost of housing, house prices in general and the role of the Central Bank. He stated the role of the Central Bank would be to look at the cost of mortgages and he referenced the fact that house prices are such an extraordinary multiple of the average income of most households. Would the cost of land, transactions, hoarding or speculation also be the business of the Central Bank? Has the Central Bank reviewed the economic mechanisms that would or might impact land transactions or speculation?
No comments