Irish deputy governor urges more regulation to prevent future housing bubbles
Stefan Gerlach, deputy governor of the Central Bank of Ireland, on April 21 said that more stringent banking rules should be considered in order to prevent future house price bubbles in Ireland.
Addressing the Contemporary Housing Issues in a Changing Europe conference at the National University of Ireland in Galway, Gerlach said that imposing limits on loan-to-value and loan-to-income borrowing ratios is a path that should be considered by policy-makers.
Gerlach said that lending for the
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