COMMENT: Restrictions on lending likely won’t cool bubbling property market
While there is some logic to the Central Bank’s new lending restriction proposals, it’s the side effects of these new measures that could prove problematic, writes Emma Kennedy.
On the face of it, the Central Bank’s new plan to curb irresponsible lending and borrowing makes sense. But while there’s logic to the Central Bank’s proposals, it’s the side effects of these new measures that could prove problematic.
So-called ‘macro-prudential’ proposals published by the bank today propose restrictions on mortgage lending, and are designed to prevent another devastating property bubble.
The plan will mean...
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
Related Stories
The year in review
The best writing and and the biggest stories of 2019 from the Business Post
Newsround: What Thursday’s papers say
Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals
More cycle routes, expansion of Luas to Bray and new bus network proposed
Greater Dublin Area draft Transport Strategy published