The housing crisis and spiralling rents have helped make Dublin the third-most attractive city in Europe for big property investors. The housing crisis and spiralling rents have helped make Dublin the third-most attractive city in Europe for big property investors. Foreign investors rush to cash in on our housing crisisRents have soared as a result of the shortage of housing, making it more expensive for individuals to fund their accommodation. Joanne Kelly, real estate leader at PwC Ireland, said big investors had shifted towards residential property in recent years. "There is a housing shortage or lack of social and affordable housing in every major city across Europe," she said.
Source: Irish Independent December 05, 2018 02:37 UTC