IDEAS home Printed from https://ideas.repec.org/a/vrs/admini/v66y2018i2p33-57n3.html
   My bibliography  Save this article

Ireland’s housing crisis – The case for a European cost rental model

Author

Listed:
  • Healy Tom

    (Nevin Economic Research Institute, Ireland)

  • Goldrick-Kelly Paul

    (Nevin Economic Research Institute, Ireland)

Abstract

Lack of access to affordable quality homes constitutes a significant crisis for workers, families and communities in the Republic of Ireland. Current government plans appear to be insufficient to make a significant impact. Pressure on individuals and families is a direct consequence of under - investment over many years, as well as a failure on the part of a market-led and property-developer-led model of housing to deliver enough dwellings to meet the needs of a growing population. The optimum solution, we propose, is the establishment of The Housing Company of Ireland, which will draw on long-term borrowing combined with an equity injection from the Ireland Strategic Investment Fund, and will undertake or commission, on a commercial basis, a programme of planning, building, acquiring and renting of new homes. This investment will supplement and further strengthen work by the local authorities and the voluntary housing associations in the area of social housing.

Suggested Citation

  • Healy Tom & Goldrick-Kelly Paul, 2018. "Ireland’s housing crisis – The case for a European cost rental model," Administration, Sciendo, vol. 66(2), pages 33-57, May.
    • Handle: RePEc:vrs:admini:v:66:y:2018:i:2:p:33-57:n:3
    DOI: 10.2478/admin-2018-0017
    as

    Download full text from publisher

    File URL: https://doi.org/10.2478/admin-2018-0017
    Download Restriction: no
    File URL: https://libkey.io/10.2478/admin-2018-0017?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Michelle Norris & Michael Byrne, 2016. "Social housing's role in the Irish property boom and bust," Working Papers 201615, Geary Institute, University College Dublin.
    2. Bergin, Adele & Duffy, David & Foley, Daniel & Garcia Rodriguez, Abian & Lawless, Martina & Mc Inerney, Niall & McQuinn, Kieran, 2016. "Ireland’s Economic Outlook: Perspectives and Policy Challenges," Forecasting Report, Economic and Social Research Institute (ESRI), number EO1 edited by Bergin, Adele & Morgenroth, Edgar & McQuinn, Kieran, march.
    3. Duffy, David & Foley, Daniel & Mc Inerney, Niall & McQuinn, Kieran, 2016. "Demographic Change, Long-Run Housing Demand and the Related Challenges for the Irish Banking Sector," Book Chapters, in: Ireland’s Economic Outlook: Perspectives and Policy Challenges, Economic and Social Research Institute (ESRI).
    4. Byrne, David & Duffy, David & FitzGerald, John, 2014. "Household Formation and Tenure Choice," Research Notes RN2014/2/2, Economic and Social Research Institute (ESRI).
    5. Michelle Norris & Tony Fahey, 2011. "From asset based welfare to welfare housing? The changing function of social housing in Ireland," Open Access publications 10197/2971, Research Repository, University College Dublin.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Dorothy Watson & Eoin Corrigan, 2019. "Social Housing in the Irish Housing Market," The Economic and Social Review, Economic and Social Studies, vol. 50(1), pages 213-248.
    2. Duffy, David & Foley, Daniel & McQuinn, Kieran & Mc Inerney, Niall, 2016. "An Empirical Assessment of the Macroprudential Measures in the Irish Housing Market," Research Notes RN2016/3/1, Economic and Social Research Institute (ESRI).
    3. Christine Arriola & Caitlyn Carrico & David Haugh & Nigel Pain & Elena Rusticelli & Donal Smith & Frank van Tongeren & Ben Westmore, 2018. "The Potential Macroeconomic and Sectoral Consequences of Brexit on Ireland," OECD Economics Department Working Papers 1508, OECD Publishing.
    4. Michelle Norris & Michael Byrne, 2016. "Social housing's role in the Irish property boom and bust," Working Papers 201615, Geary Institute, University College Dublin.
    5. repec:hal:spmain:info:hdl:2441/7q032m5a2c9jhat9rj57h85soo is not listed on IDEAS
    6. David Duffy & Caroline Kelleher & Annette Hughes, 2017. "Landlord attitudes to the private rented sector in Ireland: survey results," Housing Studies, Taylor & Francis Journals, vol. 32(6), pages 778-792, August.
    7. de Bromhead, Alan & Lyons, Ronan C., 2023. "Social housing and the spread of population: Evidence from twentieth century Ireland," Journal of Urban Economics, Elsevier, vol. 138(C).
    8. Egan, Paul & Bergin, Adele, 2022. "Adding a construction sector to COSMO: Structure and policy analysis," Papers WP738, Economic and Social Research Institute (ESRI).
    9. McQuinn, Kieran, 2018. "Capacity constraints in the Irish economy? A partial equilibrium approach," Research Notes RN20180401, Economic and Social Research Institute (ESRI).
    10. Bergin, Adele & Duffy, David & Foley, Daniel & Garcia Rodriguez, Abian & Lawless, Martina & Mc Inerney, Niall & McQuinn, Kieran, 2016. "Ireland’s Economic Outlook: Perspectives and Policy Challenges," Forecasting Report, Economic and Social Research Institute (ESRI), number EO1 edited by Bergin, Adele & Morgenroth, Edgar & McQuinn, Kieran, march.
    11. Morgenroth, Edgar, 2019. "Brexit Impacts: Opportunities for German-Irish Trade," MPRA Paper 96602, University Library of Munich, Germany.
    12. Michelle Norris, 2018. "Financing the Golden Age of Irish Social Housing, 1932-1956 (and the dark ages which followed)," Working Papers 201901, Geary Institute, University College Dublin.
    13. Adele Bergin & Abian Garcia-Rodriguez & Edgar L. W. Morgenroth & Donal Smith, 2017. "Modelling the Medium- to Long-Term Potential Macroeconomic Impact of Brexit on Ireland," The Economic and Social Review, Economic and Social Studies, vol. 48(3), pages 305-316.
    14. Seamus McGuinness & Adele Bergin, 2020. "The political economy of a Northern Ireland border poll," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 44(4), pages 781-812.
    15. McQuinn, Kieran, 2020. "Property prices and Covid-19 related administrative closures: What are the implications?," Papers WP661, Economic and Social Research Institute (ESRI).
    16. Martina Lawless, 2020. "Brexit and trade on the Island of Ireland," Revue de l'OFCE, Presses de Sciences-Po, vol. 0(3), pages 95-119.
    17. Lawless, Martina & Morgenroth, Edgar, 2016. "Opportunities and Risks for Foreign Direct Investment," Book Chapters, in: Ireland’s Economic Outlook: Perspectives and Policy Challenges, Economic and Social Research Institute (ESRI).
    18. repec:spo:wpmain:info:hdl:2441/7q032m5a2c9jhat9rj57h85soo is not listed on IDEAS
    19. Eoin Corrigan, 2019. "The Scale and Impact of the Local Authority Rent Subsidy," The Economic and Social Review, Economic and Social Studies, vol. 50(1), pages 159-211.
    20. De Bromhead, Alan & Lyons, Ronan C., 2021. "Rooted to the soil: The impact of social housing on population in Ireland since 1911," QUCEH Working Paper Series 21-08, Queen's University Belfast, Queen's University Centre for Economic History.
    21. Bercholz, Maxime & Bergin, Adele & Callan, Tim & Garcia Rodriguez, Abian & Keane, Claire, 2019. "A micro-macro economic analysis of pension auto-enrolment options," Papers WP640, Economic and Social Research Institute (ESRI).
    22. Duffy, David & Foley, Daniel & Mc Inerney, Niall & McQuinn, Kieran, 2016. "Demographic Change, Long-Run Housing Demand and the Related Challenges for the Irish Banking Sector," Book Chapters, in: Ireland’s Economic Outlook: Perspectives and Policy Challenges, Economic and Social Research Institute (ESRI).

    More about this item

    Keywords

    Housing;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:admini:v:66:y:2018:i:2:p:33-57:n:3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.