Brian Lenihan Jnr (Dublin West, Fianna Fail)

On turning the corner, any country with a GNP decline in its economy of the scale of 10% which then stabilised it at approximately 0% in the ensuing year would certainly be judged by any fair economic commentator as having turned a corner. That is a substantial amelioration in our position. In 2009 and the latter stages of 2008, we had a serious contraction in GNP. This year, we have seen a stabilisation, which is a turning of a corner.

I am pleasantly surprised to discover that I agree with the remainder of the Deputy's question. I believe a growth strategy is essential to stabilise the property market.-----

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