Thursday February 20, 2020

Noonan not concerned about property increases

Ireland is in the “very early stages” of recovery in the building and construction sector, according to finance minister Michael Noonan.

9th December, 2013
Building and construction is “a very damaged sector”, said Noonan.

Ireland is in the “very early stages” of recovery in the building and construction sector, according to finance minister Michael Noonan.

“You can see some pressures already, for example rents in Dublin are going up and so to lend on favorable terms to the buy-to-let sector seems to me to be addressing a particular problem on the rental market, and I would hope that would lead to the stabilisation of apartment rents as...

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