Housing: Housing action essential for economy: O’Sullivan

Tuesday, May 29th, 2012
Mortgage arrears is “one of the most pressing economic and social challenges facing the Government and the nation,” Housing Minister Jan O’Sullivan has emphasised.  “If we do not properly address it, we will jeopardise progress we have made in other areas to restore some stability to our fiscal and economic position.” She made a keynote speech to the Housing Practitioners Conference in Limerick.  The Department of the Environment, Community and Local Government has started pilot projects on mortgage-to-rent schemes i.e. allowing distressed borrowers surrender their...[full story]

Tags: Housing
Posted in News | Comments Off