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The Government could address a “massive rump of cost” associated with building houses through tax and regulatory changes, according to financial analyst Karl Deeter.
He speaking after a new report found that couples need a joint-income of almost €100,000 to buy the cheapest apartment in the Greater Dublin Area.
The report from the Society of Chartered Surveyors Ireland found that Dublin apartments range in price from €359,000 in the suburbs to €619,000 in the city.
It notes that a couple buying their first home would need a deposit of €38,000 and a joint-income of €98,000 to enter the market.
Government could address massive rump of housing costs through tax and regulatory changes