Brendan Burgess
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Yet, another headline from the Irish Times:
But if you read to the end of the article, you will find some support for the Central Bank
[broken link removed] has told the [broken link removed] that borrowers should be required to have a deposit of just 10 per cent if looking for a mortgage of up to €500,000, in a submission to the regulator about proposed new limits on lending.
[broken link removed], meanwhile, has urged the regulator to retain the current informal regime where customers can borrow up to 90 per cent of the purchase price of their property unless evidence emerges that prices are running ahead of the long-term average.
The [broken link removed] (IMHO) has argued that first-time buyers should be excluded from the new rules.
But if you read to the end of the article, you will find some support for the Central Bank
The Green Party said it favours the Central Bank’s proposed changes but cautioned that it must be part of a package of reforms to the housing and rental market.