Irish Housing Minister promises progress as property prices rise by 12.4% in last year

The video discusses the challenges and trends in the housing market, focusing on supply constraints and inflation. It highlights the impact of the pandemic on housing supply and the subsequent inflation in house prices. The speaker provides an analysis of current market trends and outlines future projections for housing delivery in 2022, emphasizing the importance of affordable housing initiatives. The discussion also places the Irish housing market in a global context, comparing it with trends in other OECD countries.

What is the significance of the Affordable Housing Act mentioned in the text?

What measures are being taken to address the constrained supply of new homes?