The aim of this research is to analyze the features causing Ireland’s housing and renting prices to rise and the inevitable effect on young people: Economics with Finance Research Paper, QUB, Ireland
University | Queen's University Belfast (QUB) |
Subject | Economics with Finance |
The aim of this research is to analyze the features causing Ireland’s housing and renting prices to rise and the inevitable effect on young people. The research will prove whether the Covid19 pandemic is a contributing factor and what actions the government can take to reduce the stress on the housing market. Key statistics and data such as housing/rent prices, unemployment, and demand/supply in previous years will be used.
The housing problem is very relevant as of today as people continue to struggle with the shortage. The collapse of the Irish banking and construction sectors has contributed widely to the problem that persists as of 2021. This collapse is a key factor in the problem today. The research will also highlight the growing housing prices as they have a great effect on rent rates. This research will examine the problem and demonstrate how it can be solved. This is a relevant topic and affects many people in Ireland and this paper will highlight that.
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