The housing sector in Ireland has been faced with challenges over recent years. Compared to the early 2000s, many Irish citizens have taken for granted the abundant, affordable housing favored by government policy and economic security. These assumptions have been costly, and the country has been hit by a worsening housing crisis leading to homelessness. Research shows that homeownership has fallen as homelessness, demand, and eviction rise, resulting in shortages, as rising prices are fueling everyday political debates, campaigns, and street protests.
Historical data show that Ireland was among the countries with high home and property owners rates in the past. But in recent times, things have shifted as many people have been left homeless due to eviction and selling properties to private rental owners. Below are some causes leading to the housing crisis in Ireland.
High housing prices. House prices have risen as a result of housing difficulties, according to studies. High demand but less supply. Demand drives the housing market; this causes the few available houses to be sold out within a short period, causing others to …