Housing
Banks will issue fewer mortgages if Sinn Féin pushes plan to lower house prices, Leo Varadkar says
The Taoiseach said that the opposition party’s plans are not fully thought through
A Sinn Féin plan to drive down house prices in Dublin would make banks think twice about issuing mortgages and push many homeowners into negative equity, the Taoiseach has warned.
Leo Varadkar was responding to comments from Sinn Féin president Mary Lou McDonald that, if elected, her party would like to “get prices as low as we feasibly can”, suggesting a target of 300,000 euro in Dublin – a figure around a third below the ...
