A story of dysfunction: renters can’t rent, buyers can’t buy, builders can’t build
Labour shortages, rising costs, lack of supply and landlords exiting the market are leading to property market nightmare
May 22 2022 02:30 AM
Despite record demand and prices, property builders are warning of significant delays delivering new homes this summer. Experts say this will have devastating consequences and hamper much needed supply.
These delays have been a feature of nationwide meetings and workshops run by the Irish Home Builders Association (IHBA) in recent weeks. On average last year, builders were completing homes within a 16 to 20-week window.