The Irish Housing Crisis: A Challenge for Prosperity
Ireland’s housing crisis has escalated into one of Europe’s most severe affordability challenges. With home prices up more than 40% since the pandemic and rent inflation outpacing wage growth, the dream of homeownership is slipping away for Ireland’s middle class.
The average home now costs over €330,000, while first-time buyers face mortgage rates not seen in over a decade. A shortage of second-hand homes and a slow pace of new construction have pushed both buyers and renters to the brink.
This Entrepreneurs Cirque feature explores how supply constraints, investment pressures, and government inaction have fueled Ireland’s housing crunch – and what it will take to bring affordability and opportunity back to the Emerald Isle.