Creighton slams first-time buyer ‘rat-race’ and calls for Dáil reforms

The Coalition has been accused of deliberately creating a "rat-race" among young people looking to buy a home in order to "drive up the fortunes of the construction sector".

Former Fine Gael TD, Lucinda Creighton, said the current coalition is “going back to the sort of economic growth strategies that prevailed back in the early and mid 2000s” where “the huge emphasis is on the construction sector”.

“The emphasis is on re-creating a rat race to encourage young, first-time buyers to get on the property ladder, to start bidding against each other, to drive up house prices and in turn drive up the fortunes of the construction sector.”