Seanad debates

Wednesday, 21 June 2006

Order of Business (Resumed).

 

10:30 am

Photo of David NorrisDavid Norris (Independent)

I share my colleagues' concerns about the extraordinary rise in house prices. There is a middle class investment in this matter and a paradox in that many people are quite pleased by the situation. The aeroplanes going to central, eastern and southern Europe are chock-a-block with Irish speculators who will make the situation just as bad in Budapest and elsewhere as it is here. We must bear this in mind.

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