Will Faulkner spoke to Karl Deeter about the proposed government plan on 95% mortgages.

The idea of getting more people credit in an easier fashion in order to afford more homes is questionable. A good analogy is if it was decided that the Leaving Cert should be marked easier in order to help more people get into college.

What would likely happen is that the limited college places would still be taken up but that the points required for any one course would go up, it doesn’t resolve any shortage of college spaces (for instance), and in this respect more credit will probably do the same to housing, it won’t fix anything other than if by ‘fix’ you mean ‘make prices rise’.