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ESRI urges Government to double investment in housing

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Ireland should borrow more to invest in housing and could borrow an additional €4bn-€7bn a year, according to a new analysis by the Economic and Social Research Institute.

It comes as Covid-19 has forced the suspension of Europe's fiscal rules on government borrowing and sparked a debate over how much countries can and should borrow.

It says housing is one of the main reasons the cost of living is higher in Ireland than other countries and warns the country faces "another decade of inadequate housing supply" with upward pressure on prices and rents. Last year, 20,676 units were completed, according to the Central Statistics Office. Estimates vary for this year from between 15,000 to 21,000 units.

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We’ll need it to fix the 10,000 houses in Donegal that are crumbling due to mica. 100% redress

Ireland better borrow for endless lockdowns! Why for housing?

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State must double investment to solve housing crisis, ESRI saysThink tank warns of decade of housing shortages with rising prices and rent NedoSullivan2 have a read of this and tell us how well you're doing You mean govt must quadruple investment in housing just to make a dent in it Stop printing money out of fresh air
Källa: IrishTimes - 🏆 3. / 98 Läs mer »

State must double investment to solve housing crisis, ESRI saysThink tank warns of decade of housing shortages with rising prices and rent NedoSullivan2 have a read of this and tell us how well you're doing You mean govt must quadruple investment in housing just to make a dent in it Stop printing money out of fresh air
Källa: IrishTimes - 🏆 3. / 98 Läs mer »