Housing demand is not expected to peak until the early 2030s, the Department of Finance has said. Photograph: Alan BetsonIreland’s housing crisis is likely to persist for at least another 15 years, according to the Department of Finance. Housing demand is not expected to peak until the early 2030s, it said, with “pent-up demand” not fully eliminated until at least 2040. There are currently 116 people in the labour force for every 100 not working. If net migration were zero, the labour force would start to contract by 2035 with major repercussions for the economy.

Source: The Irish Times November 04, 2025 19:20 UTC