Coveney 'fumes' at claims first-time buyers scheme will hike house prices

Minster argues measure not a “silver bullet” to solve housing crisis, writes Hugh O'Connell

11th October, 2016
Coveney sets out his plan Pic:

“Supply, supply, supply” was the key message from Housing Minister Simon Coveney today as he outlined the detail of the housing budget for next year.

The headline items include a 50 per cent increase in the overall housing budget for next year – it will be €1.2 billion – and a new first time buyers scheme that will give people 5 per cent of the purchase price up to €20,000.

This scheme has been long-flagged...

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