Housing starts fall again October as rising costs sap investment

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Housing output may stall 'well short' of Government's targets via IrishTimesBiz

The report indicates that the declines in housing and apartment commencements are happening for somewhat different reasons.

“This is well short of the Government’s ‘Housing for All’ target of 33,000 units and even further below estimated end over the medium-term,” it said. However, figures provided by Minister for Housing Darragh O’Brien, in response to a parliamentary question from Sinn Féin’s Eoin Ó Broin, point to a capital spend of just €1.2 billion for the nine months to the end of September. This includes €568 million on direct delivery programmes by local authorities and approved housing bodies.

 

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Sinn Fein: We need at least 40K houses Experts: We need probably 50k FFG:

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