Over 20 years Ireland has experienced both flavours of housing crisis – bust and boom – neither of which has delivered palatable outcomes. Meanwhile, private sector economists have rowed in to emphasise the intractability of our housing problems. In the past data ambiguities gave people impunity to say anything about housing supply that suited their agenda. After 20 years of unbroken dysfunctionality it could just be that the Irish housing market is starting to straighten upBased on commencement notices that have already been served, this will continue in the short-run, and I expect over 22,500 completions this year. After 20 years of unbroken dysfunctionality it could just be that the Irish housing market is starting to straighten up and fly right.

Source: The Irish Times July 17, 2019 00:00 UTC