The Fragility of the Foundation: How Geopolitical Volatility is Redefining Global Housing Costs A sudden escalation in conflict halfway across the globe can now add an estimated €20,000 to the cost of a single new-build home. This jarring figure, emerging from recent housing summits, underscores a sobering reality: the dream of affordable housing is no … Read more
Ireland’s First Home Scheme: A Stepping Stone or a Temporary Fix for a Housing Crisis? A staggering First Home Scheme approval rate – exceeding 10,000 buyers nationwide – paints a picture of intense demand for homeownership in Ireland. While headlines celebrate this milestone, a deeper analysis reveals a complex situation. Is this scheme a genuine … Read more
Irish Housing Market Shows Signs of Moderation, But Affordability Concerns Persist Recent reports indicate a shift in the Irish housing market, moving away from the rapid price increases seen in recent years. While prices continue to rise, the rate of growth is slowing, suggesting the market is no longer ‘overheating.’ However, significant affordability challenges remain, … Read more
<p>A staggering €30,000. That’s the average increase in the cost of a typical Irish home in just the last year, according to recent data. While headlines proclaim ‘momentum building,’ the reality for prospective homeowners, particularly in Dublin, is a rapidly shrinking pool of affordability. But this isn’t simply a continuation of a long-standing crisis; it’s … Read more
National Rent Surge Continues: Supply Crisis Fuels 4.4% Increase The national rental market experienced a significant upswing in the past year, with average rents climbing 4.4%. This increase, while substantial, only tells part of the story. Over the last decade, rental costs have skyrocketed by a staggering 80%, placing immense financial strain on renters across … Read more
Ireland’s Housing Affordability Crisis Deepens: ‘Decent Incomes’ No Longer Enough The dream of homeownership in Ireland is slipping further out of reach for a growing number of people, even those with what were traditionally considered ‘decent incomes.’ Recent data and parliamentary discussions paint a stark picture of a housing market spiraling beyond the financial grasp … Read more
A south Dublin baronet is opposing plans by Dún Laoghaire-Rathdown County Council to rezone land surrounding his 200-year-old estate for housing and cycle paths. The move is part of a broader effort by local authorities to address the housing crisis, following a directive from Minister for Housing James Browne. Rezoning Proposal Faces Opposition from Sir … Read more
Ireland’s Rental Crisis: A Looming Landlord Exodus and the Future of Housing Policy A staggering 60% of Irish landlords are considering selling their properties due to the recently enacted and proposed rental regulations, according to a recent survey by the Irish Property Owners Association. This isn’t simply a dispute over profit margins; it’s a potential … Read more
A couple in Ireland built a timber-clad home without planning permission after spending years on the local housing waiting list. Family Granted Retention for Self-Built Home Rebecca and Noel Somers erected a log cabin and storage shed, measuring 113 square metres, at Newhouse, Thomastown, Co Kilkenny, after being on the council’s housing waiting list for … Read more
The Journal is appealing to its readership for financial support, a move that underscores a growing crisis in independent digital journalism. This isn’t simply a request for donations; it’s a stark signal of the challenges facing news organizations attempting to maintain editorial independence in an increasingly ad-revenue-dependent landscape. The Core Issue: Declining advertising revenue is … Read more