How The Housing Market Was Designed to Fail - Part 2

About this episode

The episode explores the systemic failures in the housing market and the unintended consequences of various policies in Ireland.

In this second episode with Ronan Lyons, we wonder how did a country that once struggled to keep its people end up unable to house them? The answer is a story of unintended consequences. Population booms that were visible but ignored, tax incentives that pushed homes into the wrong places, a planning system that feared apartments and subsidised sprawl and a country that urbanised its jobs, but never its housing. Along the way, we unpack the myth that the crisis began in 2008, that credit is the main culprit, that Ireland is uniquely obsessed with homeownership. Instead, what emerges is something more unsettling, a system shaped over decades by reasonable decisions that, taken together, produced something deeply dysfunctional. Across the Western world, housing markets are showing the same cracks. If you understand how the system was built, you realise just how hard it will be to fix. Hosted on Acast. See acast.com/privacy for more information.

People in this episode

Hosts: David McWilliams, John Davis

Guest: Ronan Lyons

Topics covered

• housing market
• urban planning
• economic policy
• unintended consequences
• homeownership
• population growth

Keywords

• housing crisis
• urbanization
• tax incentives
• planning system
• homeownership obsession

Mentioned in this episode

Places: Ireland

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