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ARTICLE · 14 FEBRUARY 2017

Real Estate Update: Ireland's Housing Crisis

Mason Hayes & Curran LLP
Mason Hayes & Curran LLP
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We examine the factors influencing the housing crisis in Ireland and explore effective ways to address the problem in 2017.

IrelandReal Estate and Construction
Kevin Hoy
Kevin Hoy
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We examine the factors influencing the housing crisis in Ireland and explore effective ways to address the problem in 2017.

There has been much discussion recently about a post-truth environment and yet, as far as real estate goes, we are still in a pre-truth condition. This is because we never have all the facts, we do not fully understand and cannot predict all the consequences of policy decisions and market forces. Striving to obtain complete information to enable fully informed decision making is both impossible and essential. There is no better example of this than the Irish residential real estate market.

We have a housing crisis, with homelessness rates continuing to rise despite the economic improvements we are achieving as a country. The main real estate challenge in Ireland for 2017 is the same as that which faced us in 2016, namely housing. 

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