Oireachtas Joint and Select Committees
Thursday, 3 March 2022
Public Accounts Committee
2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Home Building Finance Ireland - Financial Statements 2020
9:30 am
Colm Burke (Cork North Central, Fine Gael) | Oireachtas source
Does Ms Deering accept that the banks are now being unreasonable in saying to small builders that five houses amount to €1.5 million? That is not a small loan. Where a builder is already putting €300,000 or €400,000 into a development, the risk to the bank is very small. Is it not now time that the banks came back to the market and helped deal with the housing shortage?
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