Wednesday October 28, 2020

Builders and bankers unite to save €20k buyers’ grant

• AIB boss says housing measures will take years to boost supply • Housing Agency head wanted grant of only ‘few thousand euro’

30th July, 2017
Pressure on government over housing tax break. Pic: Rolling News

The government is coming under mounting pressure from property developers and bankers to retain the controversial €20,000 help-to-buy housing scheme, which has been blamed for fuelling a house price boom.

With a government review of the scheme almost completed, a chorus of voices, including the chief executive of AIB, are arguing that the state risks creating uncertainty in the property market by changing policies too quickly.

The view was echoed by the state’s Housing Agency,...

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