Availability Of Housing

Question 1

What are the three different housing markets?

Answer 1

Private housing

Rental Market

Social Housing

Question 2

In relation to private housing, what are some areas such as Dublin and Cork experiencing?

Answer 2

A private housing shortage

Question 3

Where in Ireland is there a private housing shortage?

Answer 3

Urban areas such as Dublin and Cork

Question 4

Why is there a shortage of private housing in Dublin and Cork

Answer 4

Due to demand exceeding supply

Question 5

What effect does the shortage of private housing in Dublin and Cork have on prices?

Answer 5

This causes an increase in house prices

Question 6

In relation to private housing, what are some rural areas experiencing?

Answer 6

There are many unoccupied private houses for sale

Question 7

Why is there many unoccupied private housing estates in rural Ireland?

Answer 7

As there is a much lower demand for them than in urban areas

Question 8

Where are many of the unoccupied private houses in rural Ireland located?

Answer 8

In ghost estates

Question 9

Why are many of the unoccupied private houses in rural Ireland not bought?

Answer 9

As the recession left them unfinished

Question 10

What is a ghost estate?

Answer 10

Ghost estates are developments of ten or more houses where 50% of the houses are unoccupied or incomplete

Question 11

Write a note on the availability of private housing in Ireland.
(2)

Answer 11

Lack of private housing in urban areas - Dublin/Cork - demand exceeds supply - Increase in house prices

Plenty of private housing in rural areas - much lower demand - many in ghost estates - left unfinished by the recession

Question 12

What has happened to rent costs in urban areas?

Answer 12

They have increased dramatically in recent years

Question 13

Why has rent costs increased dramatically in urban areas?

Answer 13

Due to an increased demand for rental properties and a shortage of supply

Question 14

What is one of the main reasons for the shortage of supply in rental housing?

Answer 14

Many people are finding it difficult to obtain a mortgage or save for the large deposit needed for a mortgage which means they stay renting for longer

Question 15

What Act was amended to stabilise the private rental market?

Answer 15

The Residential Tenancies Act (amended in 2015)

Question 16

Why did the Residential Tenancies Act need to be amended?

Answer 16

To stabilise the private rental market and ensure security for renters

Question 17

How does the Residential Tenancies Act ensure security for renters?

Answer 17

Under this act, landlords may review the rent only once every two years and they must give 120 days notice to do so

Question 18

How many days notice does a landlord have to give before reviewing rent?

Answer 18

120 days notice

Question 19

How often can a landlord review rent?

Answer 19

Every two years

Question 20

Write a note on the rental market.

2

Answer 20

Rent cost - increase - urban areas - increased demand - shortage of supply -difficult to obtain a mortgage or deposit - people end up renting for longer - reduces supply

Residential Tendencies act - amended in 2015 - landlords can rent review every 2 years - 120 days notice to renters

Question 21

What type of housing is there a sever shortage of?

Answer 21

Social housing

Question 22

Why is there a sever shortage of social housing?

Answer 22

High demand and little or no availability

Question 23

What is social housing?

Answer 23

Housing provided to individuals on low incomes or with particular needs by the government or non-profit organisations

Question 24

Write a note on social housing.

Answer 24

Severe shortage - high demand - little/no availability - definition - under a 100,000 on waiting list currently (approx. 90,000)