Saturday January 18, 2020

Only decisive action will ease the property squeeze

Ahead of its annual conference, Property Industry Ireland director Dr David Duffy reviews the challenges the sector faces, writes Graham Clifford

10th June, 2018
Dr David Duffy, director, Property Industry Ireland Picture: Fergal Phillips

Despite a slight increase in the supply of housing in recent months, the Irish property dilemma shows little sign of abating.

Increased and pent-up demand means that each year the list of those wanting, and waiting for, a home of their own grows further and they have little option but to rent. Now the rental market across Ireland, especially in urban centres, is being squeezed with inflationary rent costs higher than those witnessed before the...

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