State will ‘fail to meet housing targets unless construction costs are tackled’

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Experts and industry groups will call for urgent action to tackle rising building costs at a cross-party meeting today

Housing

The government will fail to meet its housing targets unless it tackles construction inflation as a matter of urgency, amid a situation that is worsening by the week for builders, politicians will hear today. The Society of Chartered Surveyors Ireland will tell the Oireachtas housing committee that if the cost of building continues to rise, housing completions “will not be near the numbers required to meet government’s targets”.

 

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