Cost rental system could reduce rents by up to 60 per cent, report finds

The report, produced by a Brussels-based think tank for the Housing Agency, focused on cost rental case studies in three European countries

12th December, 2021
Cost rental system could reduce rents by up to 60 per cent, report finds
The new method of providing public housing is still at a nascent stage in Ireland, with the first development of this type delivered in the new Taylor Hill development in Balbriggan last July

A large-scale cost rental system in Ireland could provide housing at rates up to 60 per cent lower than market rents, according to a new report.

The report, produced by Housing Europe, a Brussels-based think tank, for the Housing Agency, the government advisory body, focused on cost rental case studies in Austria, Denmark and Finland. The three countries operate large-scale, cost-based social rental schemes that are linked to the price of delivering homes.

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