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

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.

The cost ...