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The government could help solve the housing crisis if it borrowed several billion euro, says ESRI
Ireland faces another decade of rising prices and rents unless the government spends money building homes, the ESRI says. By Christine Bohan Thursday 3 Jun 2021, 8:00 AM 1 hour ago 3,980 Views 21 Comments
A construction site in Dublin city
Image: RollingNews.ie
Image: RollingNews.ie
THE GOVERNMENT COULD help to solve the housing crisis if it borrowed an additional €4 billion to €7 billion a year, the ESRI has said in a new report.
The Economic & Social Research Institute said that Ireland faces another ten years of rising prices and rents without a ‘significant’ amount of spending in building homes.
Restaurants will be allowed provide takeaway service for the remainder of the year under plans advanced by Minister for Local Government Darragh OâBrien to boost the sector as lockdown restrictions ease.
Local authority fees for using street furniture outside hotels, restaurants and pubs will also be waived for the same period, the Minster told an Oireachtas committee. He also wants to scrap the requirement for planning permission to erect awnings and other coverings over outdoor tables and chairs.
âLike many other sectors, the hospitality and restaurant sector and the wider tourism sector has suffered the brunt of the Covid-19 pandemic both last year and this year,â Mr OâBrien told a meeting in the Dáil chamber of the joint Oireachtas committee on housing, local government and heritage.
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