There are plans for a new affordable housing scheme which would help finance first-time buyers.
Proposals are to go to cabinet next week which would involve the government taking up a 30 percent stake of equity in property purchases.
It comes as new figures from daft.ie show house prices in Clare have risen by 4% in the past 12 months, with the average price of a house in this county now 191,000 euro.
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It’s understood there will be no salary caps for applicants to the affordable housing scheme, but Karl Deeter from Irish Mortgage Brokers, says it won’t be a solution to the cost of housing:
