Building skills shortage may check Coalition plans on homes

The Minister’s budget plan includes €4 billion for capital investment in new homes next year, €634 million greater than in 2021. The package comprises €2.6 billion from the exchequer and a further €1.5 billion from the Land Development Agency and the Housing Finance Agency. The budget includes a further €1.4 billion for day-to-day current spending on housing supports.

After disruption to building work during coronavirus lockdowns, the industry now suffers from growing shortage of skilled labour after the resumption of delayed project and the commencement of new developments.The crunch is not confined to trades and extends to building professions, said Barry Kelly, director of specialist construction recruiter ICDS Group.

“That will do two things in my opinion: It will increase the skillset because there are countries around the world that have built millions of more houses than we will ever build and taller building than we’ll ever see. This also may help level off the false inflationary salary rise.”

Source: Real Estate Daily Report (realestatedailyreport.net)

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Government refuse to confirm full redress for Mica campaigners in BudgetDefective building blocks containing mica have caused cracks and fissures to open in an estimated 5,000 to 6,000 homes, primarily in Mayo and Donegal. MicaRedress micaactiongroup
Source: IrishMirror - 🏆 4. / 98 Read more »

Nine homes ready to move into for under €250,000If you are in the market for a home ready to be moved into straight away for less than 250k, we may have just found the one for you. daftmedia
Source: IrishMirror - 🏆 4. / 98 Read more »

Tommy Robinson handed five-year stalking order after harassing UK journalistRobinson shouted abuse outside the home of The Independent home affairs correspondent Lizzie Dearden. Why don’t you use his real name? Nonce. What’s Steven up to now?
Source: thejournal_ie - 🏆 32. / 50 Read more »

Aisling Bea responds to criticism of her English accent in Home Alone remakeComedian Aisling Bea stars in Home Alone remake HomeSweetHomeAlone alongside Archie Yates and Rob Delaney. WeeMissBea WeeMissBea Aisling bea of dick van dyke who’s got the perfect English accent
Source: IrishMirror - 🏆 4. / 98 Read more »