Noel Ahern (Dublin North West, Fianna Fail)

Members opposite referred to the average price of a house. Some of the exercises conducted by financial institutions, such as Halifax, on house prices are meaningless. The average price of a Dublin house is largely made up by the prices of houses in the leafy suburbs of the south side of the city. The first-time buyer is not buying in these areas. These exercises conducted by financial institutions are stupid. They do not achieve anything other than getting publicity. We know the average price paid by a first-time buyer.

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