Solutions, particularly to the State’s long-term housing crisis, will take time, though there are some immediate changes that could help, according to experts. HousingThe ESRI report highlighted the high cost of housing and rents, and the collapse in home ownership, which is compounding the dire financial situation hurting many young adults. “It would definitely send a signal to investors that Ireland is not as attractive,” he said. “That is over a year’s supply of housing that Nama potentially could develop within six months to a year,” he said. It would be very, very hard to target it,” said Brian Keegan, director of public policy at Chartered Accountants Ireland.

Source: The Irish Times May 11, 2021 19:49 UTC