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Government intervention and impact on the housing market in Greater Dublin

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Berry, J, McGreal, S, Stevenson, S and Young, J (2001) Government intervention and impact on the housing market in Greater Dublin. HOUSING STUDIES, 16 (6). pp. 755-769. [Journal article]

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Abstract

This paper examines the conflicting outcomes of government intervention in the housing market with particular reference to taxation instruments. The use of fiscal policy as a demand-side measure within the Irish housing market is discussed. Outcomes include a high growth environment, unsustainable house price inflation and pressure on owner occupiers due to the activities of investors. The paper reviews policy mechanisms advocated under the Bacon Reports and the government's policy response notably in relation to stamp duty changes. The analysis seeks to assess the impact of the policy measures in relation to different housing markets and house types in Dublin. The discussion highlights that the short-term impact of legislative changes can be rapidly nullified by market influences.

Item Type:Journal article
Faculties and Schools:Faculty of Art, Design and the Built Environment
Faculty of Art, Design and the Built Environment > School of the Built Environment
Research Institutes and Groups:Built Environment Research Institute
Built Environment Research Institute > Centre for Research on Property and Planning (RPP)
ID Code:2509
Deposited By:Mrs Sadie Magee
Deposited On:10 Dec 2009 13:03
Last Modified:15 Jun 2011 10:47

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