Oireachtas Joint and Select Committees
Wednesday, 29 April 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Joe Higgins (Dublin West, Socialist Party)
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Did you consider giving a contribution to the taxpayer from that amount of money? And, lastly, you were obviously a substantial lender to homeowners, owner-occupiers. The fact that the price of a home was increasing by the equivalent of the average industrial wage each year from '96 to 2006, putting young people, by common consent, in a dreadful situation of up to 40-year mortgages, unsustainable loans-----