Oireachtas Joint and Select Committees
Tuesday, 23 September 2025
Committee on Budgetary Oversight
Pre-Budget Engagement (Resumed)
2:00 am
Edward Timmins (Wicklow, Fine Gael)
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And high incomes as well. That brings me to the ratio of the price of a house versus the average income. I did a quick search, and that ratio has increased by 18% in Ireland over the last ten years. I do not know if the statistics are right. That is if you take 2015 as your base year. Looking at the profile across Europe, it seems to be a Europe-wide problem. Portugal is 58%. The Netherlands is 30%. Ireland is number 11, so it is high enough. Has NERI looked at other European countries? This is a European-----