In the midst of a housing crisis a company that promises to add to the country's stock should be welcomed with open arms, one would imagine. But that has yet to be the case for both domestic and overseas developers offering a new form of housing known as co-living. The concept, which sees residents share communal kitchens and other spaces, has been through a tumultuous introduction in Ireland.
In the winter of 2012, James McCarthy sat in his car outside AIB with beads of sweat making their way down his face. The Nissan Ireland boss had thousands of new cars set to arrive that would wear 131 licence plates. But there was one snag: he had no way of paying for them. "Permanent TSB had been our provider of corporate finance for many years but unfortunately, due to reasons totally separate from the car business, the bank decided to step away," McCarthy says.
Irish people have been sharing their homes with strangers for decades. Bundling together into a shared house can result in inhabitants securing better homes in better locations. It has worked for all sorts of people, from overseas workers coming to Ireland to students attending nearby colleges. So why, some developers ask, has a new style of shared accommodation - co-living - been hit by such visceral criticism?
Showing 1 - 30 of 1493 results