The broad narrative in the Irish housing system is unfortunately, due to its long-standing nature, familiar to many. Ireland has built far too few homes over the last 15 years and has been paying the costs for that at an increasing rate in recent years. One aspect of those costs is economic and rather obvious. The lack of housing has meant that the cost of housing has more than doubled in roughly a decade. This is true for both homes for sale and homes for rent. Indeed, open-market rents have almost trebled in some markets over the past 12 years.…
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