That's a very good way to put it. I hope you're right.He's responsible for macro-prudential policy, not for making it easier for people to strap themselves to a giant mortgage.
The rules are unlikely to be relaxed. The rules would be fine had we adequate housing - still close to lowest in Europe.
Ireland as usual will deal with every single matter - except the one that would keep the lid on prices - build the number we need.
Just look at Germany - 480 units per 1000 - and low house price inflation over a sustained period.
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