Saturday August 15, 2020

The marathon housing crisis

The housing crisis is now five years old – and it is the single biggest threat to the economy with the exception of Brexit

Michael Brennan

Political Editor

@obraonain
15th August, 2019
The housing crisis is now five years old – and it is the single biggest threat to the economy with the exception of Brexit

First the good news on housing – house prices are not going up as fast as before. Minister for Housing Eoghan Murphy was on hand to welcome the news from the Central Statistics Office:

https://twitter.com/MurphyEoghan/status/1161596774601150465?s=20

But the bad news for Murphy and everyone else is that the houses themselves are not going up fast enough.

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Related Stories

Many of us have achieved a new life balance that might just be the real ‘new normal’

Sharyn McAndrew | 2 months ago

Property firms such as QRE are dealing with the coronavirus lockdown by trying to maintain some normality in their day-to-day business

Conor Whelan | 3 months ago

Hardline opposition to EU solidarity in funding the cost of Covid-19 is driven by German allergy to ‘imprudent’ spending, and by Dutch politicians fearing the transfer of funds to southern countries would provoke a far-right backlash

Barry J Whyte | 4 months ago