A separate recent report from Davy found that some 85,000 new homes a year will be needed to meet demand. Photograph: Paulo Nunes dos Santos/BloombergThe rent cap needs to be removed or the supply of new rental properties from institutional investors is going to “fall away” in Dublin in the next 18 months, according to a new report. The report also highlights the increase in provision of funding for public sector housing, “the only option for largely unviable apartment sites”. If this was to happen, the report notes that it could lead to a “surge in funding for the rental sector”. The report also calls for the planned October 2024 review of the National Planning Framework to “start now”.

Source: The Irish Times June 26, 2024 20:06 UTC