Cormac O’Rourke

Cormac O’Rourke is the chair of the Land Development Agency (LDA) in Ireland, where he has been vocal about the challenges facing the housing market. In a recent address, he highlighted that up to 70% of income earners are effectively priced out of both the rental and property markets without State support. He discussed the rising average market rents and home prices, linking them to increased construction costs and lengthy development timelines. O’Rourke emphasized the LDA's role in addressing the housing crisis, announcing plans to become the largest supplier of new homes in the State and outlining the agency's ongoing projects across numerous sites.