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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.
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