Significant decline in Buy-to-Let investors in housing market

The latest Housing Market Monitor by Banking & Payments Federation Ireland (BPFI) shows that as the role of individual Buy-to-Let investors continues to decline, accounting for less than 1% of total mortgage drawdowns in 2020, non-household buyers, including private companies, charitable organisations, and state institutions, now account for 23% of all market transactions.

Brian Hayes, Chief Executive of BPFI outlines that the supply-demand imbalance in the housing market will continue.

Mr Hayes explains that while demand for housing remains strong, there is continued uncertainty around housing supply due to reduced capacity and output in construction caused by Level 5 restrictions.  

Read full article: BusinessWorld.ie