Fact or fiction? We’re about to find out on mortgage lending
Central Bank will help get to the truth of the tale on housing policy
The forthcoming review of mortgage lending rules gives Ireland an opportunity to shake off its poor track record at evaluating policy.
In her excellent article on policy-making in Ireland, Professor Frances Ruane, former director of the ESRI, said the Irish are a nation of storytellers who like good anecdotes, and statistics tend to leave people cold.
When the CSO produces house-price data each month, many commentators helpfully convert cold statistics into real-life examples. ...
