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Should the budget contain measures to boost the Irish property market? Alan Ahearne says ‘No’, that a fall in property prices and a smaller construction sector are the tough medicine the Irish economy needs while Ronan O’Driscoll, Director of new homes at Savills Hamilton Osborne King, argues ‘Yes’. He believes that by encouraging the sale […]

By: Date: October 4, 2008 Topic: Banking and capital markets

Should the budget contain measures to boost the Irish property market? Alan Ahearne says ‘No’, that a fall in property prices and a smaller construction sector are the tough medicine the Irish economy needs while Ronan O’Driscoll, Director of new homes at Savills Hamilton Osborne King, argues ‘Yes’. He believes that by encouraging the sale of 30,000 unoccupied homes, the Irish Government could inject €10 billion into the ailing economy.

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