The Government has defended the "positive effects" cuckoo funds have on the housing market. The Government has defended the "positive effects" cuckoo funds have on the housing market. Housing Minister Eoghan Murphy's department has denied housing is unaffordable and defended the Government's record on housing and protecting renters. "It is clear the Government has its head in the sand over the negative impact of cuckoo funds. "Heavy private housing investment combined with the cuts in public housing budget has been making housing in Ireland significantly unaffordable," Ms Farha claimed.

Source: Irish Independent June 19, 2019 01:30 UTC