Killian Woods: Varadkar tweaks government narrative around housing supply

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We need more homes in Ireland, but will 33,000 homes a year alone over the next ten years make home prices and rents more affordable? Varadkar doesn’t think so, writes killianwoods

Since 2016, the government has consistently leaned on a straightforward solution to the housing crisis - supply, supply, supply.

On paper, it makes sense. Addressing the supply-demand imbalance in the housing market will begin to correct rising rents and house prices. In an ideal scenario prices will come down, and that will, over time, make housing more affordable. Micheál Martin, when he was Taoiseach, talked about “supply, supply, supply” being the main answer to the ...

 

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