Shared equity housing scheme could fuel construction in ‘wrong areas’, says ESRI

Think-tank tells an Oireachtas committee that the proposed Affordable Housing Bill could cause house prices to rise

“From an Irish perspective it is particularly important to take note of that, given the particular supply constraints there are in Ireland.

Fresh concerns have been raised about the government’s shared equity housing scheme, with the Economic and Social Research Institute (ESRI) warning it could stimulate construction in the “wrong areas”.

Last week, an ESRI submission to the Oireachtas housing committee suggested that the proposed Affordable Housing Bill could cause house prices to rise.

The bill includes a shared equity scheme that would involve the state taking a 30 per cent stake in the homes of certain ...