Government must be creative on rent crisis

25th October, 2015

First, the statistics. Since 2011, Dublin rents have risen by 35 per cent, including a 10 per cent hike in the last 12 months. One in five Irish people now live in rent accommodation, more in urban areas – a doubling of the total between 2006 and 2011. Meanwhile, house completions have collapsed from 93,419 in 2006 to around 8,000.

Put bluntly, more people are paying more to fit into less space. By any standards, Ireland has a housing crisis. Next week, the government...

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