They said the value of homes in the capital, Cork and Galway will rise by up to 7pc per annum in the coming years as persistent and long-standing supply issues continue, despite Government efforts to end the housing crisis.
Thousands of homeowners are expected to attempt to cash in on the value of their homes in the coming years with experts warning supply issues will persist even if the Government’s target of building 25,000 houses per year by 2021 is met.
The crisis will not be dealt with unless the number of homes being built every year is increased to 35,000 units, warned property consultant Philip Farrell.
Read the full details in the Irish Independent
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