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Irish Mirror
Irish Mirror
National
Louise Burne

'No guarantee' that scrapping development levies will lead to lower house prices, Dáil hears

There is "no guarantee" that the scrapping of development levies will reduce the cost of houses for buyers, the Dáil has heard.

This is despite the Government intervention — which will cost the State €308 million — saving up to the value of €12,650 per home on average.

The Government unveiled new measures worth nearly €1 billion following Tuesday’s Cabinet meeting that it hopes will accelerate the pace of building.

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