Government urged to scrap home loan scheme over fears it will drive up prices
Central Bank joins the chorus of voices urging the minister to remove controversial scheme from its Affordable Housing Bill
Housing minister Darragh O Brien is under pressure from a wide range of organisations from the Central Bank to the auctioneers institute as well as opposition parties, to scrap the shared equity loan scheme.
Tue, 16 Mar, 2021 - 06:30
Elaine Loughlin, Deputy Political Editor
The Government is under pressure to scrap its controversial housing loan scheme after the Central Bank warned it could push up house prices.
Darragh O Brien, the housing minister, has been urged to focus on other measures instead of the shared equity scheme, which he has been strongly pushing despite widespread concerns and criticism.
ESRI: Government may not need to borrow billions more despite lockdown; PUP bill tops €6bn
Extended lockdown will mean that unemployment will not return to its pre-pandemic level of below 5% until at least 2023 , mainly because the shutdown of building sites has lasted longer than most anticipated
People walk along a near empty Grafton Street in Dublin. The extended lockdown will mean that unemployment will not return to its pre-pandemic level of below 5% until at least 2023. Picture: Niall Carson/PA
Tue, 23 Feb, 2021 - 00:05
Eamon Quinn
The Government was given some welcome news as a leading expert predicted it may not automatically need to borrow many billions more this year despite the level 5 lockdown extending longer than anticipated.
Government s Help To Buy scheme aided people who had large deposits and were able to buy anyway
A review of the Help to Buy scheme data suggests that many households with large deposits have received support, the Esri will say
The ESRI says Ireland needs 35,000 new homes a year but fewer than 20,000 are expected to be built this year. Picture: Joe Giddens/PA Wire
Mon, 15 Feb, 2021 - 20:30
Daniel McConnell, Political Editor
The Government’s Help To Buy scheme funded people who already had large deposits and would have been able to buy their homes anyway, TDs will be told tomorrow.