Rising rents mean more young people are likely to stay at home
A new report indicates that if rents continue to rise young people will be more likely to share accommodation, or live with their parents for longer. The study from the Economic and Social Research...
View ArticleNumber of mortgages in negative equity decreasing
A report by the Economic and Social Research Institute estimates that the number of mortgage loans where the outstanding debt exceeds the value of the property has fallen by 45,000 since 2012. The ESRI...
View ArticleDublin needs 54,000 new homes over the next seven years
The Economic and Social Research Institute has said that tens of thousands of new homes are needed to meet demand over the next seven years. It said that by far the greatest number is required in the...
View ArticleCost of renting a home has risen across the country in the last year
The cost of renting a home in Dublin has risen by almost 10% over the past year, according to new figures from the Private Residential Tenancies Board. Nationally, rents are 5.6% higher, but the speed...
View ArticleESRI insists current property market conditions do not justify Central Bank’s...
The Economic and Social Research Institute has said current conditions in the property market do not justify the introduction of a fixed higher deposit and lower loan to income ratio, as proposed by...
View ArticleESRI reports serious shortage of office space in Dublin
The Economic and Social Research Institute (ESRI) has warned of serious supply constraints in the Dublin office market, saying a new employer of 500 people would have to wait almost two years for...
View ArticleHousing crisis will last years, says ESRI
The housing crisis is set to go on for years because not enough homes will be built. That’s the view of the Economic and Social Research Institute (ESRI) who said yesterday that 25,000 houses will have...
View ArticleESRI suggest cash incentives to encourage older people to vacate large homes
The Economic and Social Research Institute (ESRI) has suggested offering cash incentives to encourage older people to move out of larger homes to free up properties for families. According to the think...
View ArticleHouse prices will continue to rise for up to seven years, warns ESRI
House prices will continue to rise “for the next five, six, seven years” before new supply comes anywhere near to meeting pent-up demand. That is the view of the Economic and Social Research Institute...
View ArticleESRI plays down fears of property bubble
The Economic and Social Research Institute has played down fears of a bubble in housing prices by arguing that the strong growth in prices was supported by fundamentals “at this point in time”. In its...
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