Oireachtas Joint and Select Committees

Thursday, 16 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Bertie Ahern:

Well, there's a good few definitions of a property bubble but I went with what was the advice all the way through; that if ... our whole focus was on supply all the way. The Central Bank, I should say, had warned us in the first quarter of 1998, that was the first and only time, I think, it was strongly put to me that we were heading for a property bubble.