Government's shared equity home loan scheme dubbed 'Bertie economics'

Social Democrats housing spokesperson Cian O'Callaghan said the plan will drive prices up and not deliver the type or numbers of housing needed.

Social Democrats TD Cian O'Callaghan said the only people lining up in favour are the Housing Minister and the developers who lobbied for it. Photo: Sasko Lazarov / RollingNews.ie

The Government's shared equity home loan scheme has been dubbed "Bertie economics".

Social Democrats housing spokesperson Cian O'Callaghan today said that the plan will drive prices up and not deliver the type or numbers of housing needed. Mr O'Callaghan said the plan should be scrapped. He said that Housing Minister Darragh O'Brien stood alone in his support of the scheme.