The private sector will supply the majority of housing to be built under Government targets for the next 10 years, internal documents show. Affordable housing units (at 4,100 annually) and new social housing units (10,300 per year) will make up the balance. Opposition figures criticised the anticipated contribution to housing targets from the private sector. It is wild speculation.” He said a dramatic increase in spending was needed to deliver required volumes of social and affordable housing. Cian O’Callaghan, Social Democrats housing spokesman, said reliance on the private sector is “pushing up rents and house prices” due to competition between buyers, funds and State or non-profit bodies.

Source: The Irish Times May 21, 2021 03:45 UTC