Matt Cooper: A new national housing bond is something everyone could buy into
Irish people have saved €12bn during the pandemic, so why not give them the opportunity to buy a state housing bond, marketed as a patriotic investment that helps others while helping yourself
The government is committed to spending more than €20 billion on its Housing for All plan. It will borrow most of this money, although some may come through the imposition of new land value and vacant property-related taxes.
Unfortunately, the detail of how these might operate – and how much money might be brought in – is vague in the weighty document released last week. But brief reference was made in it to the €12 ...
