Oireachtas Joint and Select Committees

Wednesday, 22 March 2023

Committee on Budgetary Oversight

Stability Programme Update: Discussion

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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Dr. McQuinn said he could envisage a situation where if interest rates go up, that might impact on demand, if I heard him correctly, and if supply continues to ramp up, he could envisage a situation where, potentially, prices and rents begin to fall. Is he sure about that?