Interesting to see that Michael Lohan, the new CEO of IDA Ireland, had to address the #IrishHousingCrisis during his recent #Bloomberg interview.
The problem is now on the global journalism radar. Will the latest shift in #Irish government policy love the needle quickly enough to avoid an adverse #FDI impact
2) Good article from #RTE detailing the current state of the #IrishHousing market. It seems likely that pricing has hit stall speed with the end of #COVID and the increase in inflation rates
IMHO, an increase in #housing affordability however is unlikely unless the number of units constructed is dramatically increased from ~30k units. I’ve seen various estimates in the past year which range from 40k to 62k.
#Mastodaoine #IrishHousingCrisis #IrishEconomy
https://www.rte.ie/brainstorm/2023/0427/1378859-ireland-europe-housing-market-analysis-spring-2023/
3) This is one of the many truly awful realities of the #IrishHousingCrisis.
‘I’m 78, and by the end of this month I will be homeless’
4) The cost of #SocialHousing construction is dramatically higher then elsewhere in the country. Some of this cost is attributable to greater complexity of bid process by private sector builders competing for construction contracts
How to get value for tax payer money?
6) A lot to learn from this excellent article from the #NYTimes.
This is the type off #journalism that does not get enough attention. It points to solutions to the global #HousingCrisis which can likely be replicated in other geographies
Does Montgomery County have it all figured out? Hardly, but they have decades of successful practice in working with both private and public sector developers this is instructive
#SocialHousing #Housing #AffordableHousing
https://www.nytimes.com/2023/08/25/business/affordable-housing-montgomery-county.html
7) Interesting article in the #IrishTimes today about the rezoning of land near #Dublin's City Center.
I note two mentions of nearby residents being concerned about how rise development with one comment suggesting all development should be kept at 2 floors or under.
Does that mean 3 floors constitutes a high rise? That seems a little absurd. Am I off base on this?
#HousingCrisis #IrishHousingHousingCrisis #Mastodaoine #DublinCity
That’s a fair description of the battle lines
Martin Nutty
Ben Aveling