Noonan: Homelessness crisis now at tipping point

Acting Finance Minister Michael Noonan has said that the country is at a "tipping point" for the homeless crisis.

Noonan: Homelessness crisis now at tipping point

Acting Finance Minister Michael Noonan has said that the country is at a "tipping point" for the homeless crisis.

Michael Noonan says that if 1,500 houses were built in Dublin, there would not be a crisis.

The Minister also said that the Government is considering tax breaks for home buyers rather than VAT cuts for the construction industry.

"If you look at it, it's like a lot of things in life, it's a supply and demand problem, to get back to that equation," he said.

"And there's a tipping point in it, and there's a tipping point in it where a thousand houses short, or and thousand extra houses can drive you from crisis into surplus."

More in this section

Lunchtime News

Newsletter

Keep up with stories of the day with our lunchtime news wrap and important breaking news alerts.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited