Oireachtas Joint and Select Committees

Wednesday, 4 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Eoghan MurphyEoghan Murphy (Dublin South East, Fine Gael)
Link to this: Individually | In context | Oireachtas source

I have two brief supplementaries. In his opening statement, Professor Ahearne talked about the price-rent ratio as an indicator of a bubble. How important an indicator is it? Does it rank in the top three indicators? Is it something that needs to be scrutinised continuously?