Dublin’s Housing Affordability Gap
Housing supply continues to lag demand. Much of the problem is a result of a gap between the cost of construction and what purchasers can afford.
Housing supply continues to lag demand. Much of the problem is a result of a gap between the cost of construction and what purchasers can afford.
Housing demand is actually a relatively straightforward variable to estimate over the medium to long term. But there are concerning differences between estimates in official publications and those from other sources.
As soon as prices in Ireland’s housing market started to recover, populist talk turned to housing bubbles. But the facts tell a different story. And missing that story means we prolong the problems.