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Dublin house rents near boom peak; Rents and wages too low

Dublin house/ residential rents are close to the 2007 boomtime peak that followed a year (2006) when the number of housing units built in Ireland was at an all-time record high of 93,000. The number of residential units completed in 2014 was low at 11,016 according to the Housing Agency and this represented a 33% increase on completion in the previous year (8,301). The supply for 2015 will be similar to 2014.