Sat 02 Feb 2007Rabbitte wants State to jointly fund house
purchasesThe State would jointly buy homes with tens of thousands of
young homebuyers under a radical new plan put forward by Labour
Party leader Pat Rabbitte last night.Under the scheme individuals would buy as much of a share in the
house as they can afford, with the State paying the rest, though
they would be able to buy more of the house over time at market
value.