Huge number of leased social homes could slip back into private market
New data released by Minister for Housing Eoghan Murphy shows 54 per cent of the 8,430 homes would be owned by private owners at the end of the lease term
Thousands of social homes being leased by local authorities are at risk of lapsing back into the private market.
Last month, the Business Post revealed hundreds of social homes in fast-track developments were due to be leased by local authorities instead of being acquired. After those 15 to 30-year deals expire, the homes could be returned to the private market.
New data has shown 8,430 homes are currently being leased on a long-term basis...
Subscribe from just €1 for the first month!
What's Included
With any subscription you will have access to
-
Unlimited multi-device access to our iPad, iPhone and Android Apps
-
Unlimited access to our eReader library
-
Exclusive daily insight and opinion seven days a week
-
Create alerts to never miss a subject that matters to you
-
Get access to exclusive offers for subscribers on gifts and experiences
-
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
Related Stories
Two-bedroom apartments in Cork hit a high note
Opera Lane Residences, in the centre of the southern capital, have a C3 BER, private terraces and plenty of natural light
Impressive five-bedroom home in the heart of Dún Laoghaire
Bright, spacious and tastefully decorated, this 1940s house has a B3 energy rating and landscaped gardens and is just a short stroll from the seafront
Tee up luxury living with seven-bed home in Mount Juliet estate
No 17 Foxes Covert comprises 628 square metres on acre of landscaped grounds and is guiding €1.55m
House of the week: Game, set and match to this five-bed family home
The redesigned Loiste Chroi, nestled in the foothills of the Wicklow Mountains, boasts 210 square metres of living space, with beautiful lake views from most of its rooms, and a private tennis court to boot
