Naive to think reducing garden size would lead to house price drop

Higher-density housing would mean private developers could increase the number of units they can get onto land, which in theory means they could reduce the cost and therefore the price of housing. Would they pass the cost-reduction on to home-buyers? Highly unlikely
Naive to think reducing garden size would lead to house price drop

Reducing garden and street sizes, thus allowing increased density of housing development, without mitigating measures, is highly likely to lead to an increase in house prices in places outside Dublin, like Cork, Waterford, Limerick etc, argues Dr Rory Hearne. Picture:: Gareth Fuller/PA Wire

Would allowing private developers reduce garden and street sizes be a solution to the housing crisis? Would it lead to reduced house prices and boost supply? It is highly unlikely. 

We have been here before. In fact, we are in the housing crisis because, for the last two decades, the Department of Housing and successive governments have essentially made housing policy based on what private developers, and more recently investor funds, have proposed. 

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

Revoiced

Newsletter

Sign up to the best reads of the week from irishexaminer.com selected just for you.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited