Oireachtas Joint and Select Committees

Tuesday, 23 March 2021

Committee on Budgetary Oversight

Pre-Stability Programme Update: Discussion

Photo of Neasa HouriganNeasa Hourigan (Dublin Central, Green Party) | Oireachtas source

We are almost finished the session. I am speaking specifically about land transactions. The witnesses have indicated they have a mandate to consider the financial stability of the finance sector in general. After the past decade and a half we can all say that land speculation has given rise to financial instability for this nation. It has had a considerable impact, and it affects borrowers, lenders and the price-credit dynamic. Does the Central Bank have a particular role in that?

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