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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But the people purchasing houses during that time their wages were being increased on a kind of a steady rate, but the prices of the houses that they were trying to buy were increasing in multiple folds. Are you suggesting that auctioneers, that their wages or incomes were increasing like those people who were buying houses or were you in a different space that your incomes were actually increasing with the speed at which house prices were increasing?