In Wexford and properties are selling well specially in the Urban areas. First Time Buyers and Investors alike are anxious to snap anything up that comes on the market. As values have risen vendors have decided to sell and there is more activity in the sales market at present than the rental market, not to say that there are no tenants seeking properties to rent in Wexford. Consequently, those who wish to rent a property are finding it difficult to obtain one, again specially in Urban areas.
As an active Member of the SCSI (Society of Chartered Surveyors Ireland) and Chair of the South East Region I have engaged with many organisations such as CIF, Engineers Ireland, RIAI, CIB etc along with Department of Housing, Planning, Community and Local Government to find a solution to the lack of supply of residential housing in the Wexford Area. In 2016 the SCSI commissioned a report called The Real Cost of Housebuilding which delivered shocking facts about the cost of same, but in the Dublin area only, as there were no sites to compile comparables in operation in Wexford at the time.
The Department of Housing, Planning, Community and Local Government urgently need to come up with a solution to kickstart residential development in Co. Wexford before the Crisis escalates any worse than it already is. We have potential tenants entering our office on a daily basis actively seeking a home to rent. If we are to increase our employment levels in Wexford we need to provide housing for people to live in as if not, employment expansion will be unrealistic.
