Skip to main content
  • X
  • Facebook
  • YouTube

Top header menu

  • Sign up to our mailing list
Home
  • Themes
      1. A New Economic Model
      2. Wages and Incomes
      3. Employment and Job Quality
      4. Climate and the Just Transition
      5. Taxes and the Welfare State
      6. Understanding the Labour Market
  • Our Work
      1. Research
      2. Blog
      3. The NERI videos series
      4. Learning about our economy
      5. Media
      6. Visualising our economy
  • Dashboards
      1. Broad sectors
      2. Subsectors
  • Events
      1. External event contributions
  • About
      1. Our team
      2. Our supporters
      3. Charities Governance Code
  • Contact

Topics

  • A New Economic Model
  • Wages and Incomes
  • Employment and Job Quality
  • Climate and the Just Transition
  • Taxes and the Welfare State
  • Understanding our Labour Market

The case for investment in social housing

Blog
 October 
7,
 2014
Profile picture for user Daragh McCarthy
  By Daragh McCarthy

"Regeneration schemes”, we must never forget, are not just about plans, structures or budgets. They are not just about the physical houses provided. They are about communities that are enabled to thrive and flourish. They are about people who are being acknowledged and encouraged to develop a proud sense of their identity, to nurture feelings of belonging that empower them to shape their present circumstances and imagine their future.
President Michael D. Higgins (2014) Speech at the opening of the Thornton Heights Housing Scheme

While housing policy encompasses more than just the provision of housing units, there is a need to address the current shortage of suitable long-term accommodation for people currently on the waiting list. The creation of an Affordable Housing Provisions Agency would considerably aid efforts to plan, finance and deliver affordable housing units on the scale required to meet ongoing demand. While existing state agencies have experience and assets that can alleviate some of the current problems, a new central public body would draw on existing capabilities to lead a consolidated response to the current housing crises. In many Western European countries this type of institutional structure has facilitated substantial investment in public housing separate from government deficit and debt.

The waiting list for secure tenure social housing has tended upward since the construction of new houses became almost entirely dependent on private provision and new forms of short-term, market-based housing supports were introduced.

Percentage change in the social housing waiting list, base year 1993
Moving from the direct provision of new social housing units to an increased reliance on passive supports to the private market has served the economy poorly and left a large section of society in housing distress. In the year to November 2013, Focus Ireland supported 9,237 people who were either homeless or at risk of losing their home, up from 7,819 during the same period in the previous year. The charity saw a 43 percent increase in the numbers seeking its Housing Advice services (from 2,973 to 4,248) in the same period. The demand for social housing remains extremely high with 89,872 households recorded as on waiting lists in May 2013; more than twice the level recorded at the end of 2005.
 
The Affordable Housing Provision Agency should aim to create a market where 25 percent of housing units becoming available in a given year are designated for social housing. This could be achieved through a mixture of new builds, long-term leasing of private property and renovation of the existing stock. Its work would address the inadequacies of an overwhelming reliance on private development and underpin modest, stable price growth in the property market.
 
Housing policy based on the principles of affordability, social solidarity and sustainability is a vital component of a well-functioning, modern economy and society. A new housing agency would be a core part of a reformed institutional framework that based on these principles and focussed on meeting the current challenges in the system.
 
McCarthy, D. and Collins, Micheál L (2014) ’Ireland’s Housing Crises: The Case for an Affordable Housing Provision Agency’ NERI Research inBrief no16, October 2014.
 

Profile picture for user Daragh McCarthy

Daragh McCarthy

Daragh McCarthy, former NERI administrator and is now Policy Analyst/Economist at the Courts Service.

Upcoming events

Wed, Sep 16 2026, 3:30 - 4:30pm
The Irish labour market: Recent developments and future growth
Online Zoom event
Thu, Oct 8 2026, 3:30 - 4:30pm
The Budget 2027: NERI Post Budget Analysis
Online Zoom event
Wed, Nov 11 2026, 3:30 - 4:30pm
European Attitudes to Basic Income: exploring women's perspectives
Online Zoom event

Latest

It’s wrong to assume that job quality is the enemy of job creation
job quality
A number of business organisations recently wrote to the Economy Minister...
New Labour Market Entrants, earnings, housing costs and living standards in 2024
Man and savings
This Research InBrief by NERI economist, Ciarán Nugent examines trends in...
Progress in Pay, But Not in Participation or Progression
money
Some of the results move in the right direction, but overall the picture is one...

Breadcrumb

  1. Home
  2. Blog
  3. The case for investment in social housing

Subscribe to our Mailing list

  • X
  • Facebook
  • YouTube
Logo

The Nevin Economic Research Institute is a Registered Charity since the 1 August 2013 with the Charity Number - 20082130.

Privacy and Cookies

We use necessary cookies to make our site work. We also use analytics cookies without user tracking to help us improve our site.

Cookie Policy | Privacy Statement

Website design and development by Infobo.

Contact us

  •  Address: 31/32 Parnell Square, Dublin 1, Ireland
  •  Telephone: +353 1 8897722
  •  Email: [email protected]
  •  Address: 45-47 Donegall Street, Belfast BT1 2FG
  •  Telephone: +44 28 902 46214
  •  Email: [email protected]
Copyright © 2025 Nevin Economic Research Institute. All rights reserved.

Footer

  • Contact
  • Privacy
  • Cookie policy
  • Themes
    • A New Economic Model
    • Wages and Incomes
    • Employment and Job Quality
    • Climate and the Just Transition
    • Taxes and the Welfare State
    • Understanding the Labour Market
  • Our Work
    • Research
    • Blog
    • The NERI videos series
    • Learning about our economy
    • Media
    • Visualising our economy
  • Dashboards
    • Broad sectors
    • Subsectors
  • Events
    • External event contributions
  • About
    • Our team
    • Our supporters
    • Charities Governance Code
  • Contact
Clear keys input element