ESRI report on housing borrowing slammed as ‘detached from reality’ by Finance officals

Research which suggested state could borrow up to €7 billion a year sparked scathing response

Kieran McQuinn, a research professor at the ESRI, recommended that the state had the capacity to “prudently” borrow up to €7 billion a year to provide extra funding to build thousands of additional social homes. Picture: RollingNews.ie