It said State intervention is needed to underwrite developers to hit that level of activity. It said a mix of tenure types including owner occupier, private rented and social housing are all needed. He said Government should consider a shared equity scheme for home-buyers that would see the State own a share of an apartment or house alongside the owner occupier. Shared ownership could also involve housing associations taking a stake in homes alongside the owner occupier who would rent the portion they don't own. Mr Lyons said the mix of new housing supply in recent years has been inadequate.

Source: Irish Independent August 14, 2020 01:30 UTC