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Ireland’s housing crisis The specter of emigration has lingered in Ireland’s history, defined by a devastating famine between 1845 and 1852 that caused an estimated 2.1 million people to flee ...
Affordable housing in Germany, also known as social housing, refers to housing that is subsidized by the government to provide affordable rent to low-income households. Social housing is typically owned by the government or by non-profit organizations and is intended to provide decent, affordable housing for those who cannot afford market-rate ...
The EIB also took part in a €120 million public-private partnership agreement to create over 500 affordable housing units in Ireland. [8] [9] From 2015 to 2023, housing prices in the European Union surged by 48%, while rents went up by 13%, making housing costs a significant burden, particularly in regional capitals and smaller cities. [10] [11]
The definition of affordable housing may change depending on the country and context. For example, in Australia, the National Affordable Housing Summit Group developed their definition of affordable housing as housing that is "...reasonably adequate in standard and location for lower or middle income households and does not cost so much that a household is unlikely to be able to meet other ...
The Housing Corporation's regulatory role was split out to a separate body from 2010, the Tenant Services Authority (TSA), but merged again into the HCA from April 2012. In Northern Ireland, the same role is carried out by the Northern Ireland Housing Executive. In Scotland, this function is fulfilled by the Scottish Government.
By the second quarter of 2010, house prices in Ireland had fallen by 35% compared with the second quarter of 2007, and the number of housing loans approved fell by 73%. [1] [2] The collapse of the property bubble was one of the major contributing factors to the post-2008 Irish banking crisis.