‘We’re at a critically low level of housing stock’ for buyers and renters

This week brought more bad news for first time buyers and those renting.

Figures from both the CSO and property website Daft.ie suggest that house prices and rents continue to soar across the country.

The national monthly average rent between January and March surpassed €2,000 for the first time. And the chronic shortage of supply for those looking to buy put house price inflation at 7.5% in March.

To discuss these numbers and to tease out some potential solutions to the housing crisis, host Ciarán Hancock was joined by Eoin Burke Kennedy, economics correspondent of The Irish Times who has reported on the data.

And by Marian Finnegan, an economist and a senior executive at Sherry Fitzgerald, Ireland’s biggest estate agent.

Produced by John Casey with JJ Vernon on sound.

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