Draft report cites lack of housing as major risk to economy

The government is becoming increasingly concerned about low levels of housing supply and the risks of price bubbles, according to a draft assessment of major risks to the economy seen by The Sunday Business Post.

The National Risk Assessment, which was introduced in the aftermath of the bailout programme in order to monitor major threats to the country, is currently in the final stages of preparation.

A draft list of threats seen by this paper shows several extra risks on top of those outlined in the first iteration of the NRA, published last April.

A significant addition to the list of economic risks facing the country is emergence ...