Saturday June 6, 2020

Should the government stick with help-to-buy?

State's Housing Agency has warned against another 'erratic' change in policy, writes Barry J Whyte

Barry J Whyte

Chief Feature Writer

29th August, 2017
Warnings on ending help-to-buy scheme. Pic:

More interestingly, however, so too does John O’Connor, the chief executive of the state’s Housing Agency.

The agency is effectively the housing version of the Fiscal Advisory Council. When the government was considering introducing the scheme, the agency was against it. Now, however, it is warning against yet another erratic change of policy.

In an interview with this paper some weeks back, O’Connor argued that an equity loan type scheme...

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