Posts by Laura

This email is coming to you later than usual as, like most people in the industry, we have been listening with interest to the launch of the Government’s latest “unprecedented” housing plan to address Ireland’s housing crisis.   ‘Housing for All – A New Housing Plan for Ireland’ was officially launched by the Taoiseach, Michéal Martin TD; the…

Reducing residentially-zoned land was always going to be controversial. As to whether or not this bold move will alleviate Ireland’s crisis, there are polarising opinions on this. A recent article in the Irish Independent by the Chief Economist at Davy, Conall Mac Coille, calls for CO2 emissions-based taxes for the industry rather than dezoning of…

The private rental market continues to dominate housing commentary this week with The Irish Times publishing an in-depth view on the rental market and raising a series of policy challenges, titled: ‘Part of a dysfunctional property market with a worrying outlook for the Autumn’. Not many would argue with the assertion that Ireland’s property market is…

It is easy and understandable to get immersed in our Irish property market headlines, however, knowing that some element of uncertainty and likely correction lies ahead, it is crucial to keep a watching brief on the property market globally.  Earlier this week, The Irish Times posed the question ‘How does Ireland compare to the world’s hottest…

Earlier this week, global news outlet CNBC reported on the “highly divisive issue” of rent controls across Europe.  As noted here on previous occasions, rent controls and other property and housing market interventions by the State are increasingly being called for – usually by opposition politicians – to tackle Ireland’s persistent housing crisis. It is tempting to…

As the Dáil leaves the Convention Centre for the last time, in expectation of a return to Leinster House mid-September, the industry is left to digest the most critical elements of the seven Bills that were pushed through in the final weeks of sitting, including the Land Development Agency Bill and the Affordable Housing Bill.…

It has been another week of political wrangling and legislative change for Irish housing, much of it counterproductive. There is still worryingly anti-investor sentiment dominating the conversation around vital new homes delivery, which is unhelpful at best. CBRE Ireland managing director, Myles Clarke, tackled this very issue in The Irish Times this week, writing: ‘International investors…

Earlier this week it was announced that the rent pressure zone (RPZ) scheme is to be reformed and any rent increase must now be made in line with the nation’s annual inflation rate. This effectively gets rid of the 4 percent annual rent hike, which was reportedly being used as more of a “target” than…