Lost properties: the forces that are locking buyers out of the housing market
As the housing crisis continues, ordinary people are getting squeezed in bidding wars with small and large investors, while the state buys up other homes for social housing – forcing many to put their lives on pause as their search for a home goes on
Last May, Lisa O’Shea got a text from a friend while when she was at work at her beautician business. “I see your house is up on Daft,” it said.
O’Shea knew the property in Cahersiveen was due to appear on the market sooner or later, but it still came as a shock.
The 39-year-old was renting her home through the Rental Accommodation Scheme (RAS), whereby she paid a contribution to the council, which ultimately ...