Tuesday July 14, 2020

Emma Kennedy: Looser rules a step in the wrong direction

Coming after help-to-buy scheme, relaxation of mortgage measures highlights lack of joined-up thinking

24th November, 2016
Buying a house will be easier for some first-time buyers. Pic: Pixabay

Step up, Simon Coveney. It’s your move, Minister.

Earlier this month, Coveney, who as housing minister is charged with tackling one of Ireland’s biggest problems, announced plans to fast-track the building of thousands of new homes in urban areas in the next few years.

With getting a mortgage now set to become a little easier, demand for property looks set to build further and basic economics would suggest that unless supply...

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