Oireachtas Joint and Select Committees

Wednesday, 13 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Patrick Davitt:

The ... again, I'll go to the German one ... what the Germans look at, and these figures are ... they're looked at every year, so the Germans would come at a valuation for this for their mortgage lending value and they would come at a valuation that you could use for indexing properties with the yield of somewhere between 5% and 6%, depending on if there was zone areas or there are different zoned areas.