This is a tale of two cities, or, rather, the same tale of the same city 100 years apart. The crisis was accelerated by the return of soldiers and sailors to Cork from fighting in the First World War. Today, the city government manages around 220,000 community-owned apartments, making it the largest municipal housing provider in Europe. Another would be cheap but high quality apartments, like those being built in Bristol in England with the support of Ikea. The upside for them is that they spend as little as 10% of their monthly disposable income on accommodation.

Source: Irish Examiner January 29, 2020 20:26 UTC