The Minister for Finance is denying there's another housing bubble developing.
And Michael Noonan says he is going to use NAMA to help tackle the housing shortage.
He hopes that the asset management agency, working in cooperation with developers, can lead to over 20,000 homes being built over the next five years.
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Speaking at a Sunday Independent business evening last night, Minister Noonan said he was concerned at the shortage of homes, especially in Dublin: