Department of Housing officials warned shared equity scheme would hike up house prices
The comments, contained in internal documents, are likely to increase the pressure on Darragh O'Brien, the Housing Minister
Internal documents have revealed that Department of Housing officials warned that a shared equity housing scheme would lead to “inflated house prices”, and would ultimately amount to an “incentive” for developers and “not the purchasers”.
A litany of previously unpublished concerns expressed by his own department are likely to add to pressure on Darragh O'Brien, the Housing Minister, who is currently bringing forward a shared equity scheme in the new Affordable Housing Bill.
The issues ...