Tag Archives: Housing crisis

Housing minister Darragh O’Brien

This morning.

Via RTE News:

Speaking on RTÉ’s Morning Ireland, Dr Lorcan Sirr said the State’s role in the housing market has gone from about 11% five years ago to nearly 25% now.

So the State is buying one in four of all brand new houses. At the same time we see the amount of houses being bought by first-time buyers is going down and we see the number of housing coming for sale on the market has reduced considerably.”

Dr Sirr said data from the Department of Housing reveals that two local authorities, including Minister for Housing Darragh O’Brien’s own Fingal County Council and Taoiseach Micheál Martin’s Cork City Council, did not build any social housing last year, or buy any.

He said South Dublin County Council, “which has 5,000 households on the housing waiting list”, built just two and bought none.

Housing expert says first-time buyers facing ‘less and less’ choice (RTE)

RollingNews

Thud.

RollingNews

Staying in this week?

Via RTE

All this week RTÉ’s Prime Time put the problem of a generation, unaffordable housing, in the spotlight. Housing is an urgent issue that affects everyone, every day. To reflect this, a digitally led project on rte.ie/prime time will host a week of in-depth analysis, data and video content from Monday morning, publishing every day at 7am, as well two dedicated live television programmes.

Meanwhile…

On Thursday, RTÉ Prime Time will also employ the use of augmented reality in studio as they look at home ownership presenting the facts and statistics and the changing demographics.

Can this end well?

Prime Time on Tuesday and Thursday on RTE One at 9.35pm.

RollingNews

This morning.

Via RTÉ News:

According to the report, the increase in rents around the country reflects an on-going and unprecedented scarcity of rental homes.

At the start of this month, there were just 1,460 homes available to rent, according to Daft.

That is an all-time low, since the figures started to be collected back in January 2006.

While Dublin had initially seen an increase in availability after the start of the pandemic, there were just 820 homes available to rent on 1 November.

That is the lowest ever recorded for the city in two decades.

Rents continue to rise as availability plummets (RTÉ)

Dublin City Council Chief Executive Owen Keegan

This afternoon.

FIGHT!

RollingNews

Mountie/Ninja Fight!

Ires Reit?

 

This morning.

Via RTÉ News:

The report by myhome.ie claims prices in Dublin were 7.3% higher in the period between July and September compared to the same three months in 2020.

Daft.ie’s analysis, however, puts that rate of price growth in the capital at 4.9%.

Myhome.ie calculates that outside of Dublin inflation ran at around 10.1% over the period.

This compares to daft.ie’s estimate, which puts the increase during the quarter outside of the main cities at 12.9% year on year.

Despite the differences in the findings of the two reports, both agree that the rate of residential property price inflation continues to be driven by a chronic lack of supply and high demand.

Asking prices for homes rose 9% in third quarter, but rate eases (RTÉ)

RollingNews

This afternoon.

Kildare Street, Dublin 2.

Members of the Union of Students in Ireland (USI) – protesting outside the dáil (Leinster House) over funding for purpose built student housing.

Sam Boal/RollingNews