A.E.M.A.

Housing crisis having ‘adverse effect’ on Irish economy

Competitiveness council warns of threat to recovery from rising rents and house prices

The State’s housing crisis is having an adverse effect on the entire economy, pushing up wages, threatening inward investment and limiting firms from expanding, the National Competitiveness Council has warned.

In its latest Cost of Doing Business in Ireland report, the watchdog said there was a strong link between rising house prices and rents and wage expectations.

Irish Times View Full Article





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The option of selling the property and discharging the debt is not an option for those who find themselves in difficulty..

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