Richard O'Donoghue (Limerick County, Independent) | Oireachtas source

From a rural point of view, we have looked at this recently. I know the officials are trying to give average prices. I have seen prices recently going from €200,000 to €350,000. The problem is there are people in our areas who will sell their houses and move on but if that reflects on an area and there are people there who want to stay where they are it has automatically increased the price of their properties. Many people are trying to move now because they are getting exorbitant prices for their houses and they are resolving to move and sell their houses. That is what I am seeing is the trend at the moment. However, the people who are living there will now have the aftermath of people selling their houses because they are getting stupid prices. It is going to reflect on the prices for people who are there already and want to stay there because it is their lifetime home. They are going to be caught in the middle with the high prices because of the fluctuations. That is what we need to address.