State will require €20bn in development finance to meet higher housebuilding targets

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 28 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 98%

Housing-Crisis ข่าว

Department-Of-Finance

Department of Finance report says biggest stumbling block to future housing development was uncertainty around planning

Department of Finance report concludes that the recent rise in interest rates is having only a 'marginal impact' on viabilityBuilding 50,000 homes a year will require €20 billion in development finance annually, according to the Department of Finance. In a new report assessing the “funding landscape” for residential development, the department calculated that the 29,751 housing units completed in 2022 required development funding, both public and private, of about €11.4 billion.

It noted that the share of public funding – €3.5 billion – was bigger under the enhanced target because of “the increased costs in funding apartment development”.Landlord who threatened to take tenant ‘by the head’ and remove her from property ordered to pay €17,500 The biggest stumbling block to future housing development was the uncertainty around planning, it said. A six-month planning delay can reduce a projected 10 per cent return on a development project to 8 per cent while a 12-month delay can reduce the return to 6 per cent.

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 3. in TH
 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Irish Nationwide inquiry makes findings against former finance director PurcellJohn Stanley Purcell is the final individual subject to inquiry among five senior INBS figures originally put forward for investigation in 2015
แหล่ง: IrishTimes - 🏆 3. / 98 อ่านเพิ่มเติม »