Dáil debates
Wednesday, 24 September 2008
Irish Economy: Motion
7:00 pm
Brian Lenihan Jnr (Dublin West, Fianna Fail)
I have no doubt that over time, housing output will return to more sustainable levels but there is a process of adjustment and it is important that it be allowed to take place. We must remind ourselves that the beneficiaries of falling property prices will be first-time buyers who have found it so difficult to get on the property ladder in recent years.
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