The Central Bank’s mandate is to serve the public interest, by maintaining monetary and financial stability, while ensuring that the financial system operates in the best interests of consumers and the wider economy. Given our mandate, when it comes to property markets, a key area of focus for us is around the role of the finance.
With that in mind, I will focus on three broad areas in my remarks today: First, outline why property finance matters, from the perspective of the economy and society as a whole;  Second, set out how property finance has evolved in Ireland over the past decade and the implications of that evolution; Third, explain how our macroprudential policy framework has evolved to safeguard the resilience of property finance and – in doing so – serve the broader public interest.