Kieran O'Donnell (Limerick City, Fine Gael)
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The ESRI’s previous projections for population growth to 2040 were based on demographics and econometric modelling and had regard to the results of census 2022 and other factors that could potentially influence the situation, such as fertility, mortality and migration trends. The research will outline the projected rate of structural housing demand, having regard to purchasing, headship and obsolescence. The ESRI is finalising its research and has its own modelling. We are trying to project housing demand in terms of the headship, composition and types of families and houses’ obsolescence and lifespans. Our Department will receive the report in March. Later this month, it will be peer reviewed and published. The final report is likely to be available in April. The ESRI is undertaking a comprehensive body of work and its modelling is empirically based. It has already done work and this is just an update on that. Its original projections were based on the previous occasion. It is now updating those projections. It is looking across a large timespan.