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11/08/2014

Research highlights unmet housing demand in greater Dublin

Words: Roger Milne

Ireland will need a total of 180,000 new dwellings over the period up to 2021 to meet projected population changes, according to the latest assessment by Ireland’s Economics and Research Institute (ESRI).

However the Research Note, just published, said that the large number of existing vacant dwellings would reduce the actual requirement by half to around 90,000 units, with the biggest demand in the greater Dublin area.

Dr Edgar Morgenroth, the author of the report, said: “Of the 90,000 additional housing units required between 2011 and 2021, over 60 per cent (54,000 units) are needed in Dublin and a further 26 per cent are needed in counties Louth, Meath, Kildare and Wicklow. The requirement for additional housing units is projected to be highly concentrated in the Greater Dublin area.”

He added: “Given that the total number of housing completions recorded in the Greater Dublin Area during the 2011-2013 periods is below what is needed to meet demand, this will result in significant housing shortages in the Greater Dublin Area if the rate of housing completions does not increase rapidly.”

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