That's according to the International Monetary Fund.
Ireland should remove rent caps in the housing market to improve supply and demand.
That's according to the International Monetary Fund, which has given the Irish economy a clean bill of health today.
The IMF says rent caps don't help with the current housing situation, and the Government should focus on increasing housing supply, which would in turn improve productivity in the construction sector.

Almost Half Of Vehicles Detained Over St Brigid’s Weekend Had No Insurance
Government Moves To End Use Of Colleges As "Back Door" To Jobs Market For International Students
Pregnant Horse Dies After Collapsing Twice During Illegal Sulky Drive, Says Kildare Animal Rescue
Newbridge Mourns Following Death Of Judge Roy Beans Owner Vivian Carroll
Lidl Secures Unused St Paul’s School Site In Monasterevin After Community Proposals Failed To Progress
Route 115 To Retain Kilcock’s Church Street Bus Stops Amid Local Concern
Kfm Recruiting News Journalists: Full-Time & Part-Time
Peter Mandelson To Step Down From House Of Lords Following Alleged Epstein Revelations