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Surge in Irish Housebuilding

The Business Post ran an interesting analysis this week of home building across the country and the data reveals a notable surge in housebuilding activities. This surge has been attributed to developers trying to get in under the wire of the development levies waiver. This exemption, designed to ease some financial pressures associated with the…

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Is house building in Ireland too tied up in bureaucracy?

The Irish Independent this week reported on a house-building company that has gone into receivership, carrying commentary from the director who said he no longer plans to develop new homes as the system has become too tied up in bureaucracy. This case reported this week is particularly relevant and it is important for a number of…

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Property Market Q2: On Track for a Challenging yet Opportunistic Quarter 

It has been another few weeks of mixed market commentary, kicking off with a welcome vote of confidence from international investors, as highlighted by Cushman & Wakefield’s global survey. Ireland continues to rank highly as a preferred location for investment within the EMEA region, driven by its positive demographic backdrop and robust economic growth outlook.…

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Are property prices getting in the way of Ireland’s business with the US?

A week is a long time in politics… particularly this week. Within days of Leo Varadkar handing over the ceremonial bowl of Shamrock to the US president, his successor will have to address concerns raised by the American Chambers of Commerce about the negative impact of Ireland’s ongoing housing crisis on Irish-America business relations. The…

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Can the new Planning & Development Bill Survive the Politics of Change?

Regular readers will be familiar (perhaps, too familiar?) with our regular critiques of Ireland’s planning regimes and our frequent calls for this regime to keep pace with changes across housing demand and delivery.  This week, writing in the Irish Examiner, the Housing Minister – arguably the person with ultimate responsibility to provide a functioning planning…

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Learning from Texas: A Potential Blueprint for Sustainable Urban Development in Ireland

In a recent piece for the Financial Times, John Burn-Murdoch highlights the stark differences in housing development rates and strategies between Texas cities like Houston and major urban centres such as London, San Francisco, and New York. Burn-Murdoch’s analysis sheds light on the profound impact of urban planning policies on housing affordability and availability. While…

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Delivering in the face of short-sighted housing policy

There’s nothing quite like a statistic to create a fall-out between government and media. Earlier this week The Irish Times ran an opinion piece with a headline likely to antagonise the industry:  ‘House building in Ireland is at a 15-year high. This is the truth, but it’s also Government spin’, suggesting that “although the Government certainly isn’t…

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What the latest RTB data tells us about Ireland’s rental market

The Residential Tenancies Board (RTB) published the Q3 2023 Rent Index Report this week. Generated in conjunction with the ESRI, the latest data provides useful indicators that track price developments in the private rental market, shining a light on key trends and regional market dynamics. The figures reveal significant rental price growth in Ireland, with…

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