Betting the house: Ireland is poised for a spike in apartment building, but is this a feasible way to solve the housing crisis, and what does it mean for would-be homeowners? | Business Post

📆 12/03/2022 19:00:00
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Betting the house: Ireland is poised for a spike in apartment building, but is this a feasible way to solve the housing crisis, and what does it mean for would-be homeowners? KillianWoods reports.

Forty years ago last month, a story was broadcast on RTÉ News about a new phenomenon being driven by “foreigners and farmers”.

Ken MacDonald remembers it well, as it was based on research produced by his estate agency that showed a new trend emerging in 1981. The number of apartments being sold had almost doubled, albeit from a low base, to 717. And the majority of the sales were in Dublin.

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