IMF says Ireland not doing enough to address housing crisis

Ireland must also broaden its tax base, the fund warned

The IMF said sustained growth after the pandemic will require more investment to alleviate the housing shortage. File Picture

The IMF said Ireland needs to do more to address the country's housing crisis, recommending that the Government release more land for development, streamline the approval process, incentivise the construction of rental properties, and increasing the supply of social housing.

In its latest review of the Irish economy, the IMF said the Government’s current efforts are welcome, but reducing the shortages in affordable housing requires a multi-pronged approach.