Dáil debates
Thursday, 23 June 2016
Other Questions
NAMA Assets Sale
6:15 pm
Catherine Murphy (Kildare North, Social Democrats) | Oireachtas source
It is very difficult to see how the optimum is achieved if people who want to purchase assets are removed. The bundling into very large portfolios at a time when the market was rising does not seem logical in terms of getting the optimum return. Was it considered at the time that the fallout from accelerating the sales would necessitate that kind of approach? We had moved a little bit away from the crash in respect of property values, even when the last Government took office in 2011. Was the bundling of those assets evaluated?
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