"Ireland is a trend setter when it comes to having a housing crisis. In fact in the last five years, it seems most cities in the western world have started to follow our lead."
"This thesis is borne out by the 2025 edition of the Demographia Annual International Housing Affordability Index, which claims this year that not a single one of the 95 urban centres it measured from around the globe can today be classified as "affordable"."
Ireland's housing crisis is presented as part of a wider global trend of falling housing affordability. Over the last five years, many cities in the western world have started to follow Ireland's pattern of escalating housing unaffordability. The 2025 edition of the Demographia Annual International Housing Affordability Index measured 95 urban centres worldwide. The index finds that none of those 95 urban centres can be classified as "affordable" in 2025. No urban centre among the measured cities meets the index's threshold for affordability, indicating a widespread decline in housing affordability across major urban areas internationally.
Read at Independent
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