Matt Cooper: A new national housing bond is something everyone could buy into

Irish people have saved €12bn during the pandemic, so why not give them the opportunity to buy a state housing bond, marketed as a patriotic investment that helps others while helping yourself

Taoiseach Micheál Martin, Tánaiste Leo Varadkar and ministers Eamon Ryan and Darragh O’Brien: launching the government’s €20bn Housing for All plan. Picture: Maxwells

The government is committed to spending more than €20 billion on its Housing for All plan. It will borrow most of this money, although some may come through the imposition of new land value and vacant property-related taxes.

Unfortunately, the detail of how these might operate – and how much money might be brought in – is vague in the weighty document released last week. But brief reference was made in it to the €12 ...