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Media: New report from DAFT released this morning predicts continuing house price ris

  • 30-06-2017 8:49am
    #1
    The_Conductor
    Moderators, Society & Culture Moderators Posts: 32,286 Mod ✭✭✭✭


    Link here:

    http://www.irishtimes.com/news/ireland/irish-news/house-prices-to-rise-for-up-to-10-years-property-report-says-1.3138330?utm_source=morning_digest&utm_medium=email&utm_campaign=news_digest

    In short-

    Ronan Lyons, resident economist with DAFT, predicts that unless there is significant action taken by the government- that house prices will continue to rise rapidly, for the next 5 to 10 years.

    Separately, Leo Varadker has ordered a review of building and construction costs and practices, throughout Europe- to try to get a better understanding of what the problems are here in Ireland.

    Its expected the continued bleating by the CIF and other representatives of the construction industry- pleading for more financial incentives are going to fall on deaf ears.

    Further- there are calls for a relaxation of regulations governing apartment construction and building heights- particularly in the Dublin areas.


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