Savings made during Covid-19 crisis ‘will help fuel price rises in housing market’ - News Summed Up

Savings made during Covid-19 crisis ‘will help fuel price rises in housing market’


The majority of prospective buyers have put away more for a deposit since the onset of Covid-19, a new survey suggests. Taoiseach Micheál Martin admitted the poential impact on the housing market would have to be assessed. “Covid has created a situation which will ultimately have an impact on housing,” Mr Martin told the Dáil. “There is no huge private sector out there at the moment in terms of house construction,” Mr Martin said. The Budget included a €3.3bn investment programme for both social and affordable housing, the largest ever investment in housing by the State, he said.


Source: Irish Independent December 03, 2020 02:26 UTC



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