Referendum may cap housing land price

THE Government is considering holding a referendum to cap the price of housing land, Taoiseach Bertie Ahern said yesterday.

Mr Ahern said he was committed to putting a limit on land prices and that he asked the All-Party Committee on the Constitution to examine the idea to see if they could reach agreement.

Rejecting Opposition claims that Fianna Fáil was beholden to speculators who hold ordinary people to ransom for homes, Mr Ahern said: