Budget 2017: M20 could spread recovery

The budget measures are a significant step towards solving the housing crisis by addressing the chronic lack of supply in new builds.

In terms of resolving the housing crisis, the Construction Industry Federations’s Irish Home Builders Association welcomes the introduction of this tax-rebate scheme aimed at helping first-time buyers to save deposits for starter homes.

The Central Bank’s loan- to-income rules will continue to ensure that first-time buyers can only access affordable mortgages and dampen significant increases in prices.