State bank ‘most popular’ housing fix

The establishment of a State Housing Bank could help address the country’s chronic shortage of new homes and help address the housing and homelessness crises, according to builders and developers.

More than four-in-10 construction industry leaders are in favour of such a bank which they argue would finance housing projects and provide affordable mortgages.

The proposition emerged as the most popular “corrective action” within the industry, according to research carried out by PricewaterhouseCoopers (Pwc).