Labour Party misquoted finance report, claiming €11.5 billion is needed for 50,000 homes, not 33,000.

The Labour Party claimed €11.5 billion in private financing is needed annually to build 50,000 homes in Ireland. However, a Department of Finance report actually states €11.5 billion is needed for the current target of 33,000 homes, with €16.9 billion required to reach 50,000 homes. The Labour Party later clarified their statistic was for illustrative purposes and does not align with the report's figures.

November 20, 2024
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