Oireachtas Joint and Select Committees

Thursday, 17 November 2022

Public Accounts Committee

2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund

9:30 am

Mr. John McCarthy:

On the macroprudential tools, everything being equal, if there is more demand for housing, which is what the relaxation of the tools will allow, it will raise house prices. I do not think it will be dramatic, which is the general consensus among the economic profession, but there will be an upward move.

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