Priced out: Is Dublin’s accommodation crisis affecting business?

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The lack of affordable housing in the capital is a problem for companies in attracting staff, but the situation is slowly improving, say experts

The depth and scale of Dublin’s accommodation crisis and its impact on business became clear in September whenchief executive Sundar Pichai said his company would be willing to consider subsidising housing if it made sense for Google and was “the right thing to do”.

“I take a view which is not necessarily mainstream but I believe it is more logically sound than some of the louder voices out there,” says Savills research director John McCartney. “I would argue that housing is actually becoming more affordable at the margin.

She says solutions are needed, and quickly, with the direct intervention by employers being among them. “If you are a big employer looking to expand your workforce it is an obvious decision to make. That’s fine if you are on a big salary and working for Google or another company like that. But people are working in all areas of the economy and all sectors. The good news is that the Help to Buy scheme is being continued but we need to look at why private investors are leaving the rental market.

 

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Really? Where LoadOfShite

And today the landlord delivered a letter advising of a rent increase. It's already over 2k. 4 people sharing making less than 25k. Students and bar worker's heading for the homeless queue or the dole office and have decided to vote sinnfeinireland for the 1st time ever Ireland

This is mostly people talking up their own profession. It's rubbish. Add full schools with waiting lists (plus the religion ethos rubbish) and the high personal tax rates and Dublin is actively hostile to the type of tech and Brexit workers they're hoping to attract.

Where are all these feckin' experts living

Improving Where?

won’t somebody think of the companies!

such bullshit

It's also a problem for people who have no accommodation.

Is this article an electioneering advert paid for by the FF/FG coalition?

Slowly improving Bullshit!!!

Dublin unliveable for many unless you prepared to pay big or share a room. All Fine Gael/Fianna Fail housing /economic policies fault.

Quiet now.... don't be telling the whingers on the left things are improving. It might upset them.

Improving because companies are buying property to rent to important employees,how about the rest of the populstion?,no improvement there

Well that's a MASSIVE LIE, slowly improving hahahaha it's getting worse,open your eyes see the real picture there's a glitch in the matrix,it's called the government......

Keep bring thousands of immigrants and illegals the housing crisis will continue.....

Mass Deportation is the answer. Instead of mass deporting IRISH, like FG/FF ruthlessly did in 2009-13, hundreds of thousands- famine numbers were so desperate they HAD to go. Now let's send non working, non contributing immigrants OUT in the same numbers, just as ruthlessly

Let’s try being positive for the first day, week, month year of the new decade

And in the same breath, you suggest a move to Dundrum where a 4-bed house may cost 800k. Who can afford that?!:

It could take up to 3 years to get house building started but a site can shut down over night.

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