Ryanair is buying homes in Dublin because its new hires can’t find housing amid Ireland’s housing crisis

From Fortune:

Ryanair is buying homes in a Dublin development to house new cabin crew. The Irish airline purchased 25 out of 28 properties as a response to Ireland’s housing crisis. Rents in Dublin have doubled to $2,200 per month, two-thirds of the average monthly income.

Two-thirds of Irish people aged 18-34 live with their parents due to Ireland’s housing crisis. Ryanair is purchasing housing for their new cabin crews in Dublin as a way to combat the unaffordable housing.

Not everyone is happy with Ryanair’s move. Some politicians blame the airline for worsening the housing crisis by investing in property. The company has defended its actions by saying it is just looking out for its staff and passengers.

Ireland’s housing crisis has reached a breaking point, with the lack of affordable housing sparking violence and political drama. Ryanair’s acquisition of 25 homes has sparked backlash from local Irish politicians who claim it is worsening the housing issue.



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