Killian Woods: State interventions in housing market may do more harm than good

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 71%

Business News News

Business Business Latest News,Business Business Headlines

It looks increasingly like the government has little control over whether its own targets are met, as the private market reacts in negative ways to its attempted solutions

The property industry has urged the government to pull a lot of levers to deal with the housing crisis, warning that inaction will result in missed annual targets.

Last week, the latest play was to pause development levies in order to shave €12,000 off the price of a home. Announcing the move, the Department of Housing said it was “committed and focused” to achieving the target of 29,000 new homes in 2023.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Killian Woods: State interventions in housing market may do more harm than goodIt looks increasingly like the government has little control over whether its own targets are met, as the private market reacts in negative ways to its attempted solutions
Source: businessposthq - 🏆 8. / 71 Read more »

Clonakilty Distillery raises €2.5m through State’s tax relief investment schemeCeo Michael Scully said the funds would be used to continue laying down whiskey and for investment in marketing
Source: businessposthq - 🏆 8. / 71 Read more »