Last week’s column discussed some recent history, in particular the regulatory backlash to the building boom that took place between 2000 and 2007. The main point was that many believe that the volume and quality of building was a result of the lack of regulation, rather than the wrong regulations (in particular tax incentives).
If you believe this, you are more likely to believe that the answer lies in lots more regulation, rather than simply enforcing the regulations that were there all along (and removing the tax incentives that distorted the market).
Read the full details in the Irish Independent
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