Plotting a route out of Ireland’s housing crisis
Property Summit 2016 hears new proposals that could pay off
But the evidence, he said, suggests that much of the effect can be to increase speculation and the hoarding of development land, something that has been a feature of Ireland’s property sector since the 1960s.
Across the Irish Sea, a Help to Buy scheme has “ultimately failed” due to supply constraints on British homebuilding, Davy’s chief economist Conall MacCoille told the summit. And there is concern that it was a factor in the...
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