Coveney 'fumes' at claims first-time buyers scheme will hike house prices

Coveney 'fumes' at claims first-time buyers scheme will hike house prices
Coveney sets out his plan Pic: RollingNews.ie

Minster argues measure not a “silver bullet” to solve housing crisis, writes Hugh O'Connell

“Supply, supply, supply” was the key message from Housing Minister Simon Coveney today as he outlined the detail of the housing budget for next year.

The headline items include a 50 per cent increase in the overall housing budget for next year – it will be €1.2 billion – and a new first time buyers scheme that will give people 5 per cent of the purchase price up to €20,000.

This scheme has been long-flagged and already the subject of intense...

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