Opposition to state’s €75m shared equity scheme grows
Estate agents and TDs point to the failure of a similar plan in Britain which forced prices up rather than benefiting buyers
Fresh pressure is mounting on the government’s proposed €75 million shared equity scheme, with a group representing 1,500 estate agents and auctioneers now claiming it will not make housing more affordable for buyers.
It comes as Sinn Féin plans to table a private members’ motion next week in a bid to scrap the scheme from the Affordable Housing Bill.
The proposed legislation is modelled on a similar scheme introduced in Britain in 2013. Darragh O’Brien, ...