Houses and apartments in Dublin, Wicklow and Kildare are no longer “affordable”, with costs relative to incomes almost back at 2008 levels, according to the State’sHousing Agency.
It said a minimum of 63,000 homes need to be built nationally within the next three years, half of which are required for Dublin households.
The affordability problem was largely down to a “mismatch” between supply and demand, with 11,000 homes completed last year, at least 4,000 less than was needed, the agency said in its first National Statement of Housing Supply and Demand
Read the full details in the Irish Times
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