State subsidy has little appeal for builders
Builders are unhappy with a new State subsidy – despite the intention to make up to EUR 144 000 available per new apartment they construct outside Dublin. In fact, developers were underwhelmed by the EUR 450 million Croí Cónaithe cities fund, not having lobbied for it or being sure of guaranteed profits underpinned by the fund. They would rather have a tax incentive. But the point of the scheme is…