Dramatic decline in apartment delivery compounding ‘deepening supply crisis’, notes report
A new report indicates that construction of apartments for Ireland's private rental market has almost stopped, with no newly built or forward-funded private rented sector transactions in 2024. The only new-build investment sales were in the social housing sector. Experts are calling for an emergency government program including zoning more land, faster planning permissions, embracing new housing types, revitalizing cities, accelerating modern construction methods, increasing funding, and removing rent caps.
