Must be because of growing demand, so why might that be, Irish Times?
TheStoicNihilist on

No shit.
That_Technician_439 on
We build 80k houses per year in the tiger
Thank you Eastern Europe
MacFlogger on
Don’t be too smug. For years people here would parrot the Irish Times verbatim. Obstinately refusing to concede anything other than “supply side problem”.
GerKoll on
I remember the warnings after 2010 that if the (then) government stops building houses we’d be in trouble down the line….but what do experts know…..
Willing-Departure115 on
Part of the problem is that the housing targets and estimates of demand have been too low. Ronan Lyons – the trinity economist – has been writing about that a lot in recent years. Basically it has been in council and government interests to lowball so the targets don’t look too high. So it’s not actually increased requirement, it’s increased recognition of requirement.
Then you have an economy that has been growing like heck. All those extra jobs mean immigrants from the EU and beyond – govt issues over 30,000 new work visas to non-eu for areas we have critical skill shortages each year. They’re trying to upskill Irish workers in the same areas but that’s not a quick fix.
Natural population increases and then add in the extraordinary increase in irregular migration – Ukrainians for one, and other asylum seekers to round it out – and you are where we are.
A strong economy is the main driver, followed by a complete lack of ability to take the major steps required to break the supply bottlenecks around finance and construction workers (at this stage we need to be like Australia or the Gulf States actively poaching and importing large numbers of construction workers).
6 commenti
Must be because of growing demand, so why might that be, Irish Times?

No shit.
We build 80k houses per year in the tiger
Thank you Eastern Europe
Don’t be too smug. For years people here would parrot the Irish Times verbatim. Obstinately refusing to concede anything other than “supply side problem”.
I remember the warnings after 2010 that if the (then) government stops building houses we’d be in trouble down the line….but what do experts know…..
Part of the problem is that the housing targets and estimates of demand have been too low. Ronan Lyons – the trinity economist – has been writing about that a lot in recent years. Basically it has been in council and government interests to lowball so the targets don’t look too high. So it’s not actually increased requirement, it’s increased recognition of requirement.
Then you have an economy that has been growing like heck. All those extra jobs mean immigrants from the EU and beyond – govt issues over 30,000 new work visas to non-eu for areas we have critical skill shortages each year. They’re trying to upskill Irish workers in the same areas but that’s not a quick fix.
Natural population increases and then add in the extraordinary increase in irregular migration – Ukrainians for one, and other asylum seekers to round it out – and you are where we are.
A strong economy is the main driver, followed by a complete lack of ability to take the major steps required to break the supply bottlenecks around finance and construction workers (at this stage we need to be like Australia or the Gulf States actively poaching and importing large numbers of construction workers).