High prices force contraction in construction sector

5 comments
  1. And people are still losing their shit about the Croi Conaithe scheme which is designed to keep people building houses which rising materials costs have made unviable.

  2. Just moved into a new house 315k, new houses being built up the road 3 beds starting at 375k, 60k increase for the same area, madness.

  3. This is awful. Just means that supply is more or less fixed in the short term with virtually boundless demand.

    Smart people: what can we do to get activity going? We need the supply, badly.

  4. There is never a good time to have a housing crisis which is what has been happening over the past few years even a decade. The government have been trying to improve the process of getting more houses built. And that is the most damning thing, they are trying to fix it but still failing to grasp the situation. Choices have to be made and priorities set. The population was been increasing for years and we don’t have enough places for them to live. Now on top of this we have rising costs and shortages of materials. The state (planners, county councils, experts, government) got so used to there be a housing shortage that they didn’t try hard enough to fix it.

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