New housing targets will include ‘pent-up demand’, says Minister

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Darragh-O-Brien News

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Darragh O’Brien says overall housing target for 2025 will probably be 50,000

, published on Tuesday, shows that 35,000 to 53,000 new dwellings will be needed every year based on 12 different projected population growth scenarios.

Mr O’Brien told RTÉ radio’s News at One new housing targets would be published later in the year for 2025 onwards, which will include pent-up demand. The headline target would “likely” be 50,000 homes a year, he said.Cathal Lombard’s Olympics story sounded too good to be true. In the end, it was The ESRI research, which was funded by the Department of Housing and Local Government, was based on forecasts for population levels and related housing requirements using census and research data, as well as various forecasts on international migration patterns.

“But I think you can see from the really good piece of work that the ESRI did in looking at future housing demand. And we have to take that into consideration. There are many factors that feed into that. And they’ve given 12 separate scenarios. So it’s not that you can pick a figure out of the sky.”Darragh O’Brien denies putting pressure on ESRI to omit pent-up demand from housing report

 

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