The population has increased by nearly 50% since 1980.Back in our parents time, a single income could support the purchase of a house and the likes of Mount Merrion was the area of choice for senior civil servants - I am wondering how many could afford to live there now?
I grew up in Rathfarnham. Very few of the people I went to school with can afford to live where they grew up. The reason for that is that their parents are living too long. The area is full of old couples living in family homes. Other than forced euthanasia I don't see how we fix that problem.
We talk about needing to increase incomes to enable people to afford to buy houses. We don't talk about the why construction costs are so high here, and I don't mean taxes and levies. This is interesting in that context.