Many countries experienced a residential credit bubble prior to the global financial crisis; however, by most criteria, the Irish residential and financial sector witnessed one of the most significant imbalances across contemporary western economies. The Irish property market had experienced a...

The COVID-19 pandemic represents the most severe and rapid shock to the Irish economy in modern times. This paper examines the short-run, three-month impact of the pandemic on rental affordability and missed payments for a specific cohort of the private rental sector in Ireland. It focuses on...

Using micro data from the Central Statistics Office (CSO) Household Budget Survey (HBS), we assess the effect of the COVID-19 pandemic on consumption and its implications for indirect tax receipts in 2020. We show that over one-third of household expenditure is on items that are currently...

This report provides a high-level review of the degree to which the Rebuilding Ireland Home Loan (RIHL) has met its objectives. It also scopes the need for ongoing intervention, details who is applying for the scheme and assesses selected operational considerations such as credit risks, funding...

In recent years, Ireland has experienced a notable decline in homeownership and a rise in the proportion of households in private rental accommodation. Concurrently, the cost of both rents and house prices have risen markedly and affordability challenges in terms of meeting housing costs have...

This research considers the international evidence on the functioning and deployment of measures similar to the Irish "Rent Pressure Zone" (RPZ) framework introduced in late 2016. It also considers how these measures have worked in Ireland in the period from their inception until prior to the...