For 50 years, Ireland has tried to hold Dublin back. The result has not been a smaller capital, but a more sprawling one – with homes pushed further from jobs and transport.
Pedro Sánchez bets his left-wing coalition can avoid a bruising defeat in next month’s election, write Margherita Stancati and Marcos Garcia Rey, The Wall Street Journal.
With record capital investment, social housing supports, and expanded moves on infrastructure, the Government is making a major fiscal gamble to unlock supply and curb the housing crisis. Will it pay off?
Dublin’s homeless contracting woes come to an end as two new charities are signed up to provide housing support in the capital. The Peter McVerry Trust, however, is not fully out of the picture.
The capital has seen the slowest rental inflation in Ireland over recent years. That should be good news. Instead, it shows how badly the rental crisis has spread beyond Dublin.
The Government is betting that Revenue’s debt-collection prowess will fix a toothless derelict site levy, with a €32m debt outstanding. But the new plan ignores a fatal flaw at the local level in the current system.
The amount currently spent bidding against Irish households for a fixed pool of homes can be repurposed and recycled through a fund designed for a 40-year payback and a return no higher than the State’s own cost of borrowing.
This weekend, Nama is finally being shuttered, 17 years after it was incorporated. Its advocates point to its final financial surplus, while critics look at its role in the housing crisis. How should it be judged?
Anchoring rents to cost and tapering subsidies by income is a design, not a budget line.
Fifteen months in the role, Martin Whelan is confident the country is on the road to a long-term sustainable housing model, with key challenges like access to land and private capital still to be overcome.
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