Rory Hearne: The next housing crash will hit even harder than the last

The latest house prices show the disastrous extent of the crisis in housing — there needs to be a sea change in policy

Derelict houses in St Mary's Park, Limerick.

The latest house prices show the disastrous extent of the housing emergency. It is, of course, not an accident, or something that just ‘happened’; it results from policy.

It can be solved with a sea change in policy and sufficient courage and vision. But without radical immediate intervention by Government, the crisis is going to get much, much worse.