Ahern’s land value plans could up prices

TAOISEACH Bertie Ahern’s plans to cut the price of new homes

Mr Ahern yesterday promised he would hold a constitutional referendum if necessary to deal with the problem of the high cost of building land.

The Taoiseach has asked the All-Party Committee on the Constitution to give top priority to checking out how land value could be capped and he has asked his officials to produce policy options for curbing the price of building land.