Seanad
‹ Order of Business Mortgage lending restrictions
Summary
Senator Noone cites research warning that mortgage and housing measures may reduce house-price inflation by restricting housing supply and mortgage availability.
The report continued:
The research concludes that the impact of the measures will be contractionary suggesting that, while house price inflation may be reduced due to these new measures, this reduction may come at the expense of fewer houses being supplied and fewer mortgage loans being extended.