Government to Allow Smaller Apartments to Address Housing Crisis

New guidelines to allow for smaller apartments and higher numbers of small units in individual developments are likely to be approved by the Government this week. The measures aim to reduce costs of apartment construction and prices for buyers. Minister for Housing James Browne will bring the proposal to the Cabinet. The new rules will not affect energy ratings, disability access, and fire safety standards but will focus on design stipulations that add to development costs. Developers hope that relaxing these requirements will lead to cheaper prices for purchasers.

The Government aims to prompt a 'radical step-change' in housing supply with a new housing plan expected in autumn. The plan will focus on attracting private investment into the market. Sinn Féin's housing spokesperson criticized the changes, warning they could increase land values and developers' costs. Large crowds in Dublin recently protested the housing crisis, urging the Government to take action.

According to the source: The Irish Times.