Thomas Hubert: The beneficiaries of a €500m subsidy scheme should not be a state secret
It is often said that Irish officialdom routinely favours landlords with better protection and more advantageous rules. The past year’s battle to obtain information on HAP recipients appears to confirm this.
28th Jun, 2022 - 3 min read
HAP pays half a billion euro to landlords each year. We reveal its largest corporate recipients
The Housing Assistance Payment is one of the state’s largest subsidy schemes, yet the identity of its recipients has been a well-guarded secret. Data obtained through a freedom of information request lifts a corner of the veil.
27th Jun, 2022 - 9 min read
Who is Ardstone? Part 1: A decade of office deals from Dublin to Barcelona
Behind a leafy façade in Georgian Dublin, a small team has been instrumental in directing global institutional investors towards Irish property development. Based on hundreds of documents, site visits and insider information, this investigation tells Ardstone’s story.
21st Jun, 2022 - 14 min read
Who is Ardstone? Part 2: €2.5bn in assets, 7,300 homes and global capital’s gateway to Irish housing
When the housing crisis emerged, Ardstone Capital had an address book full of international investors and no baggage from the Irish property crash. In the past six years, it has discreetly funded every possible type of home in the country.
21st Jun, 2022 - 21 min read
A Galway planning dispute is heating up – and the Comers are on the hook for €11.4m
Galway developer Alber has planning permission for over 100 homes on a Comer site, but has yet to pay for it. The property is at the centre of parallel legal and rezoning clashes.
20th Jun, 2022 - 4 min read
Croí Cónaithe, developer profits, and the state’s decision to subsidise apartment construction
Some of those criticising the Croí Cónaithe scheme have been consistent in their suspicion developers are making large profits from building homes. The problem with this theory is that there is effectively no evidence for it.
1st Jun, 2022 - 7 min read
Stephen vs Kinsella: Is Ireland a good or bad place to live?
The answer to this question depends on your definition of “good” or “bad”, your points of reference, and your units of comparison. This week Stephen Kinsella decided to have a debate about it. With himself.
5th May, 2022 - 6 min read
The cost of building: The data behind the 3 dysfunctions of the Irish housing market, and how to fix them
Major new data on housing delivery and costs reveal just how weak supply really is. But to fix the problem, we need to focus on land, the role of public housing and the vexed issue of construction costs.
25th Jan, 2022 - 6 min read
“Supply, supply, supply”: How Clúid plans to hit 10,000 homes this year
Fiona Cormican has been instrumental in turning the non-profit into Ireland’s largest private landlord. From the era of grant-funded council homes to the brave new world of investment funds and cost rental, she details what has happened to Ireland’s housing market – and what needs to happen now.