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Any inquiry must avoid witch-hunt and provide a rigorous and stable development plan, writes ROB KITCHIN

AS WELL as a catastrophic failure in Ireland’s banking and financial regulatory system, there has been a disastrous failure of the planning system. The Government has two principal levers through which it can regulate property development. The first is through fiscal policy with respect to regulating access to credit and determining taxation rates. The second is through planning policy, the zoning of land and the granting of planning permission.