Written answers
Tuesday, 23 March 2010
Department of Finance
Property Sector
8:00 pm
Leo Varadkar (Dublin West, Fine Gael)
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Question 209: To ask the Minister for Finance if in relation to SI 88 of 2010, the data and analysis referred to in section 5.2 is publicly available; if not, if it will be made publicly available; and if he will make a statement on the matter. [12480/10]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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In determining the correlation of land prices with various factors as outlined in Section 5.1(b) of Statutory Instrument in question; projections were constructed for several key determinants of activity in the property market. These include;
Gross Domestic Product
CPI inflation
Population
Interest rates and
Employment numbers
I am informed by NAMA that data and analysis published by the institutions concerned was considered by it in the context of Section 5.2 of the SI No. 88 of 2010. Additional information considered appropriate by NAMA was made available to NAMA in this context on a confidential basis and it is not proposed that this be published.
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