Last week, the new Taoiseach announced – to the surprise of some – that the government was looking at replacing Rent Pressure Zones with a new system of rent determination. In effect, the announcement was triggered by the news, covered in my last column, that housing completions in 2024 came in at just 30,000. With the outgoing government having signalled their expectation that completions would be much closer to 40,000, there is a clear sense of shock within the highest levels of government. As mentioned in my last column, part of this seems to be related to a sense that…

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