Is affordable housing achievable?


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In January, the Affordable Housing Bill was published by Minister for Housing, Local Government and Heritage, Darragh O’Brien. The Bill introduces a shared equity scheme and a cost rental scheme, both designed to tackle the housing affordability crisis in Ireland. However, with the supply of houses under extreme pressure, due in part to the construction sector shutdown, will a shared equity scheme only lead to higher house prices? When can we expect to see any positive effects on the market and what are the risks involved? Joining Hugh to discuss the plan is Minister O’Brien and Irish Times business journalist Eoin Burke-Kennedy.