The State Has Been Advised To Borrow Billions To Fund Housing

Sunday, 31 October 2021 16:08

By Caoimhe Harney

The state has been advised to borrow money to fund social housing.

The State has been recommended to borrow 7 billion euro a year to fund construction of social housing.

That's according to the ESRI report on housing, published by the the economic think-tank in June.

A member of the Oireachtas Committee on Housing has criticised the Department of Finance's response to an ESRI report.

Documents released to Sinn Fein under Freedom of Information, show a Department of Finance memo the ESRI report, saying, "it's only a decade since we discovered the world does not owe us a living".

Sinn Fein TD and member of the Oireachtas Committee on Housing Thomas Gould, says government departments need to work together better to solve the housing crisis:

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