That Ireland is experiencing a housing crisis, particularly in urban areas, is beyond doubt. We are in an abnormal market in terms of value, production and house sales turnover. The Housing Agency has estimated that an additional 80,368 extra housing units will be needed between 2014 and 2018, an average of about 20,000 a year. These figures are informed by Central Statistics Office projections which estimate that the population of the Greater Dublin Area, combining Dublin and the Mid-East region, could see its population increase by over 400,000 by 2031.