Limerick Chamber finds home buyers squeezed out by state

Analysis by group showed only four out of ten new homes built in city were acquired by owner-occupiers last year

Dee Ryan, chief executive officer of Limerick Chamber. The business representative organisation have said they recognise the urgent need for social housing in Limerick

First-time buyers in Limerick are being squeezed out of the new-build homes market by the state, research by Limerick Chamber of Commerce has shown.

A detailed analysis by the chamber, included in a letter to the Minister for Housing, Darragh O’Brien, in July, showed only four in ten new homes built in Limerick were acquired by owner-occupiers last year.

The business representative group said that Limerick City and County Council and approved housing bodies had ...