A NEW 'HERD' mentality and political consensus in favour of an Irish house market of 50% rental/social housing, and 50% homes to buy, risks creating a new welfare state, and may leave tenants unable to afford rent when they retire. On tenure, a new drive towards Build to Rent, and other rental models, risks creating a social housing-dependent society," he stated, "we are replacing one macroprudential risk with a far greater one. READ MORE Swans on speed dial, and a kitchen from Switzerland at Co Clare lakeside retreat"How many of you could afford the rent that your house would attract if you had to pay rent in your retirement?" In the build-up to the economic and construction crash, a herd mentality erroneously built up a belief the country needed 90,000 housing units. The noise they are making sometimes drowns out the voices of those who participate in the actual delivery and who should be heard."

Source: Irish Examiner June 19, 2019 14:03 UTC