Central Bank Chief Urges Caution on Developer Lending Rule Changes

Central Bank chief urges caution on developer lending rule changes

Central Bank Governor Gabriel Makhlouf has advised the government against rushing to ease lending rules for property developers, suggesting existing housing market interventions should be given time to take effect before implementing new ones. The Irish Independent reported that Housing Minister James Browne is considering changing fiscal rules to allow developers to spend less and … Read more

Government boosts housing budget as national planning framework nears approval

Government boosts housing budget as national planning framework nears approval

The Irish government is preparing to announce a significant increase in housing funding next week, coinciding with discussions on the updated National Planning Framework (NPF) at the first Cabinet subcommittee meeting on housing. The newly established housing subcommittee, comprising key government figures including the Taoiseach, Tánaiste, housing minister, and finance minister, will convene on Monday … Read more