Newton Emerson: Republic’s shared-equity housing scheme threatens to push up prices

Better British ideas are available to copy that would not push up property prices

Under the Republic’s shared-equity housing scheme, a first-time buyer of a new-build home can ask the State to take up to a 30 per cent stake in the property. Photograph: Chris Ratcliffe/Bloomberg

Under the Republic’s shared-equity housing scheme, a first-time buyer of a new-build home can ask the State to take up to a 30 per cent stake in the property. Photograph: Chris Ratcliffe/Bloomberg

The Republic’s shared-equity housing scheme has not even started and already it has rendered the laws of economics too offensive to mention.

Under the scheme, part of the new Affordable Housing Bill, a first-time buyer of a new-build home can ask the State to take up to a 30 per cent stake in the property.

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