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Regulator questions Government housing policy, suggests planning ‘number one’ issue

Central Bank governor Makhlouf says Government should consider whether its many policies are ‘mutually supportive’



Central Bank governor Makhlouf questioned the Irish Government's housing policy, emphasizing that planning is the primary challenge. He advised the government to ensure housing interventions are mutually supportive before introducing new policies. Housing Minister Browne disagreed, prioritizing finance, especially for Dublin apartment construction. Makhlouf also cautioned against hasty changes to monetary policy due to inflation and global uncertainty and highlighted the need to broaden the tax base due to reliance on corporation tax.

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