Oireachtas Joint and Select Committees

Wednesday, 13 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour)
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Yes. The income. If you were getting 1.5% or 2% on a €100,000 house and five years later that house was selling for €200,000, it would have meant that your income would have increased by 100%.