News

ESRI urges government to double spending on housing

Jun 3, 2021 09:31 By Shannonside News
ESRI urges government to double spending on housing
Share this article

We are spending €2billion per year on housing at present

The government needs to increase its house-building budget by 100 per cent to address the crisis, according to the ESRI.

It says the capital investment should rise from 2 billion euro a year to 4 billion. This would deliver about 18,000 homes a year, as opposed to 9,000 under the current plan.

Research professor Kieran McQuinn says the government can afford the increased investment.

Advertisement

The Finance Minister says he accepts the Government needs to spend more on housing. But Paschal Donohoe isn’t sure a doubling of the budget is possible.

Tags used in this article
Share this article
Advertisement
Advertisement

Shannonside Newsletter

Sign up now to keep up to date with the latest news.

Processing your request...

You are subscribed now! please check your email to confirm your subscription.

Copyright © 2024 Shannonside FM. Developed by Square1 and Powered by PublisherPlus