Housing crisis and reluctant renters

) comes a day after the release of the annual Threshold tenant survey. Their results found that just 6 per cent of renters are doing so by choice, and that over half of renters are doing so because they cannot afford to buy their own home.

The best policy move here is not to increase the supply of private rental accommodation but to reduce the demand for rental accommodation. This can be best done by concentrating the next waves of housing output on the construction of housing to purchase, through “affordable” schemes and private purchase, to remove potential homeowners from the rental sector.

Property Property Latest News, Property Property Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Housing: Landlords claim rent pressure zones fuelling unfair 'subletting culture’Rent Pressure Zones (RPZ) have decreased supply and created a culture of tenants subletting at higher prices, according to one landlord.
Source: NewstalkFM - 🏆 19. / 55 Read more »

Ministers defend affordable-housing efforts as homes in one scheme to cost up to €475,000Prices for housing in affordable-housing schemes would be higher without Government intervention, says Donohoe
Source: IrishTimes - 🏆 3. / 98 Read more »

Michael McDowell: The biggest problem of the housing crisis is the Department of HousingSuccessive ministers in the department have failed utterly to appreciate this fact
Source: IrishTimes - 🏆 3. / 98 Read more »