'Rentlanders' forced to leave cities simply to put a roof over their heads
Published 13/06/2016 | 02:30
It was the economist David McWilliams who coined the phrase 'Deckland'. Perhaps it is not quite as catchy as 'breakfast roll man', but it captured the plight of a generation of young families who took flight to towns and villages, outside of our main urban centres, just to put a roof over their heads.
Now 'decklanders' are being replaced by 'rentlanders' as a new form of displaced urbanites, and others who cannot find or afford accommodation, who are taking flight to commuter belts, leading to huge costs in terms of their finances and quality of life.
The housing supply crisis, particularly in urban areas, such as Dublin, Cork, Galway and Limerick, poses one of the key risks now that our economy has returned to growth.