How the private rental sector created a homelessness crisis in Ireland and England – The Property Chronicle
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How the private rental sector created a homelessness crisis in Ireland and England

Residential Investor

There is a homelessness crisis in Ireland. More than 11,000 people including 3,500 children were living in emergency homeless accommodation at the end of 2022 – a 300% increase since 2014. And these figures do not even capture the full extent of hidden homelessness because thousands of people in Ireland are living in unaffordable, unsafe, insecure housing.

In recent years Ireland’s private rental sector has been used to plug the gap left by reduced social housing availability. Combined with booming demand from private renters, properties are now in very short supply.

England is experiencing similar shortages, with recent figures showing the number of homes available to rent across the UK has fallen by a third over the past 18 months, while average rents are now £2,200 a year higher than before COVID.

But both Ireland and England are suffering from much more than too few houses or too much demand. People are struggling to afford decent homes after decades of policies designed to boost homeownership have turned property into piggy banks rather than homes.

In Ireland, many of the people now classed as homeless were evicted from the private rented sector and have been unable to find affordable housing again. Surging demand has sent rents rocketing, leaving few dwellings available. And government plans to lift a COVID-era ban on evictions from April 1 2023 may only make matters worse.

Access to affordable rented housing has become a major social and indeed political issue in Ireland, with thousands taking to the streets in recent months and years to call on the Irish government to end the crisis.

Demand has been driven by population increases, new household formations, inward migration (40% of private rental sector tenants are non-Irish), holiday lets and the proliferation of high income industries such as tech.






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