The Economic and Social Research Institute (ESRI) is an Irish research institute that aims to provide evidence-based research used to inform public policy debate and decision-making.
A flood of landlord-owned homes coming to market is helping to cool house price inflation in some parts of the country, with almost a third of all homes for sale in certain areas now accounted for by landlords exiting real estate or reducing their holdings.
His Holiness Pope Francis must be green-eyed with envy this weekend. He is surely gazing longingly from his Vatican perch, agog at the Irish way of doing things. As the powers of the papacy diminish and he searches for alternative models of exercising undemocratic authority, he should look no further than the office of Ireland’s Attorney General. The pontiff will be dumbstruck with admiration for Ireland’s answer to papal infallibility.
As energy prices continue to rise sharply, the Government is expected come under further pressure to help people meet the soaring cost of living. A case is being made to postpone scheduled increases to carbon taxes in the budget later this year.
If the Government was in any doubt about the issue causing alarm among the public, today’s Sunday Independent/Ireland Thinks opinion poll makes it clear: The cost of living is due to hit households hard, with experts predicting a historic shock to incomes. The Government must act, and act quickly, to address these concerns and, more importantly, to address the underlying causes of inflation.
The country is facing into a prolonged period of uncertainty brought about by a sequence of extraordinary events that were largely unpredictable a few short years ago. From the Covid pandemic to war in Ukraine, which has given rise to a refugee crisis in the midst of an urgent domestic housing supply shortage, the public could be forgiven for being deeply worried about the impact of these developments on their day-to-day lives.
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