Plus a look at schemes to help renters and homebuyers

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A report from BNP Paribas Real Estate Ireland shows large amounts of new office space coming on stream in Dublin as demand falls. Photogtraph: iStock.
A report from BNP Paribas Real Estate Ireland shows large amounts of new office space coming on stream in Dublin as demand falls. Photogtraph: iStock.

This week’s episode of the Inside Business podcast looks at Ireland’s commercial and residential property markets.

In part one John McCartney, Director of Research at BNP Paribas Real Estate Ireland, discusses a significant surge in Dublin’s office vacancies and the factors affecting office space demand, including the global economic downturn, a tech sector slowdown, and shifts in workspace needs post-COVID.

In part two economics columnist Cliff Taylor looks at Sinn Féin’s criticism of first-time buyer support schemes and the State’s spending on measures to help people find homes.

The episode also explores the potential for repurposing vacant office spaces into housing and the challenges associated with these conversions.

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Inside Business is hosted by Business Editor Ciaran Hancock.