Source: Daft

EVERY WEEK, WE bring you all the news you need to know about the property market.

The Big Movers

Ireland’s vacant social housing

New statistics, released under a Freedom of Information request, show there are over 2,751 vacant housing units owned by local authorities around the country, including 372 in Dublin alone.  The empty homes have been criticised as ‘unacceptable’ given Ireland’s housing crisis.

Families face eviction in Dublin 

A number of families in council-owned houses in north county Dublin may face eviction as they are not able to pay their rent – but are also not able to receive rent supplement.

Under Construction

Source: Google Maps

• Dublin City Council is asking whether the 30km/hr speed limit in the city centre should be expanded to residential areas across the capital.
• A total of just 11 mortgages have been drawn down from a government-sponsored home loan scheme since 2011, according to new figures. Not a single mortgage has been drawn down from the Home Choice Loan scheme since 2014.
• Had enough with dry land? Ireland could be getting its first ‘flotel’ – a hotel which floats in the sea. The company that operates Dún Laoghaire harbour has put out an expression of interest notice to see if it could be a runner.

Dún Laoghaire harbour Source: Leon Farrell/RollingNews.ie

Des Res

This gorgeous 1920s Spanish villa in Los Angeles  has been recently purchased by a former Wall Street trader-turned-shoe designer for $2.86 million (approximately €2.58 million). Let’s have a gawk around.