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ESRI claims shared equity schemes risk driving up prices
Schemes include State s €75 million home-ownership programme
Tue, Feb 16, 2021, 01:00
 
Shared equity schemes like the Government’s €75 million home-ownership programme risk driving up prices and worsening affordability issues, the ESRI will tell an Oireachtas committee on Tuesday.
The think-tank is among groups giving their feedback on Minister for Housing Darragh O’Brien’s Affordable Housing Bill to the committee on housing.
ESRI researchers Conor O’Toole and Rachel Slaymaker will argue that a shared-equity loan scheme will be a benefit “in theory” as it would facilitate borrowing for households currently constrained by the amount needed to finance a purchase. ....

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