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ESRI urges government to double spending on housing

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

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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.

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