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Learn the lessons of Priory Hall

We've heard many horror stories relating to people and their homes. Some have lost the roof over their heads because they can't keep up with their mortgages.

Others are abandoned in half-finished ghost estates, while more struggle to raise families while commuting between far-flung housing estates and their workplace.

But the tale of Priory Hall must surely rank as the worst.

It is the stuff of nightmares -- families are paying big mortgages, being forced out of their homes and facing uncertainty about whether their homes can be made habitable.

The immediate priority is to ensure the families involved are accommodated.

But lessons must be learned from this disaster. How on earth could a developer put up for sale homes which, a few years later, a judge declared were death traps?

What checks were done on behalf of the financial institutions giving mortgages? We all need answers.