Exclusive: McGrath warned government ‘can’t reach 50,000 homes’ target without investment funds

Officials led by John McCarthy, the chief economist at the Department of Finance, said a ‘new housing model’ with private capital at the core of it was needed

The government needs a “new housing model” that can attract “private capital at significant scale” if it’s to reach its ambitious target of building 50,000 homes a year. PIcture: Getty