18,000 new homes were built over the last year in Ireland, according to the Central Statistics Office (CSO), 30 percent less than the minimum number the Government says is needed to meeting housing demand.
Taoiseach Leo Varadkar posted on Twitter
“Good news today on the housing front. New figures from the Central Statistics Office show 18,000 new homes were built last year. That’s up 25% on 2017.”
Housing minister Eoghan Murphy also said on Twitter,
“Really encouraging stats from @CSOIreland today confirming a substantial increase in housing supply with a 25% increase in 2018 compared to 2017. Under the #RebuildingIreland plan more homes were built last year than any other year this decade.”
While there was a strong increase in housing being built, this still falls short of the 25,000 planned to be built a year meet growing demands.
While the government points to an increase in private house construction as evidence that policies are working, this is not necessarily an indicator of increased housing affordability.
Categories: Thoughts on social issues