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Niall Collins

๐Ÿ‘ค Speaker
193 total appearances

Appearances Over Time

Podcast Appearances

The Claire Byrne Show
Rents in Ireland surged by highest level on record

The Social Democrats will never tell you where is the private investment going.

The Claire Byrne Show
Rents in Ireland surged by highest level on record

Well, what's not sustainable is uncertainty in the whole rental sector.

The Claire Byrne Show
Rents in Ireland surged by highest level on record

And when you have uncertainty, nobody is going to invest and people will exit the sector, landlords will exit the sector.

The Claire Byrne Show
Rents in Ireland surged by highest level on record

And when you have landlords exiting the sector, obviously you have less supply and that drives, obviously, the rent numbers up.

The Claire Byrne Show
Rents in Ireland surged by highest level on record

Well, what I accept is that we've had a major fundamental change in policy.

The Claire Byrne Show
Rents in Ireland surged by highest level on record

We've had to do it because the model was broken.

The Claire Byrne Show
Rents in Ireland surged by highest level on record

Rents were spiralling out of control prior to this in any event.

The Claire Byrne Show
Rents in Ireland surged by highest level on record

Well, what we're seeing now is that the supply is being ramped up.

The Claire Byrne Show
Rents in Ireland surged by highest level on record

The pipeline is delivering.

The Claire Byrne Show
Rents in Ireland surged by highest level on record

We had 36 in excess of 36,000 new housing units delivered last year.

The Claire Byrne Show
Rents in Ireland surged by highest level on record

That was an increase of 20% on the previous year.

The Claire Byrne Show
Rents in Ireland surged by highest level on record

We've seen the commencement notices for quarter one of 2026 were up 184%.

The Claire Byrne Show
Rents in Ireland surged by highest level on record

So that is very, very positive.

The Claire Byrne Show
Rents in Ireland surged by highest level on record

And that's how we fix this.

The Claire Byrne Show
Rents in Ireland surged by highest level on record

Well, it's important that, as I said previously, that we create the environment where the private sector will step in, will build more apartments, will build more private housing.

The Claire Byrne Show
Rents in Ireland surged by highest level on record

and enhance the supply that's available.

The Claire Byrne Show
Rents in Ireland surged by highest level on record

And equally, the state is playing its part in terms of social, affordable, cost rental, all the different mix of housing policy options that are available to people who need interventions.

The Claire Byrne Show
Rents in Ireland surged by highest level on record

And that's also allied with a mix of other supports that are available there in relation

The Claire Byrne Show
Rents in Ireland surged by highest level on record

to home dereliction and home vacancy grants to allow people to regenerate older properties.

The Claire Byrne Show
Rents in Ireland surged by highest level on record

So it's not about having one fix, but certainly getting the supply up there.