Tag: Great Recession

During the Great Recession and its aftermath, public expenditure on housing fell significantly from €2.2bn in 2008 to a low point of €950m in 2014, a decrease of €1.2bn or 60%. The largest reduction in public spending was in capital expenditure, with total spending decreasing by €1.2bn or 80% from €1.5bn in 2008 to €300m in 2014