Oireachtas Joint and Select Committees
Wednesday, 13 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Patrick Davitt:
We'd like to recommend that there would be a market valuation ... a sustainable value instead of that because it gives the bank and it gives the person the ability to know that the valuation of the property isn't going to go up in troughs and rises and falls, like ... so it's going to be a lot leveller and it's going to be a smoothing valuation as opposed to having the 20% for everybody.