Peadar Tóibín (Meath West, Sinn Fein) | Oireachtas source

A crisis is developing in the property sector. House prices are rising in the Dublin area at a faster rate than during the craziest days of the Celtic tiger. This has the effect of denying many people homes, increasing pressure on wages and making the city of Dublin and surrounding areas very uncompetitive.

Since the crash, access to commercial property is drying up within the State for some of the same reasons as residential property. There are difficulties with regard to the cost of development and access to finance for organisations. That is creating strain within the FDI sector and within the indigenous enterprise sector, as they search for space.

See this speech in context