Ireland has a widely publicised, critical shortage of social and affordable housing. Next year the State expects to deliver approximately 4,000 units across Ireland. Currently there are more than 19,000 people on housing waiting lists for the Dublin area alone. Traditionally social housing was something provided by the State or local authorities. We are now in an environment where there is so much demand and so little supply that State capital spending is quite unlikely to be sufficient to respond to demand requirements in the medium term.
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