Of that 6,743, 2,347 of the units approved were apartments, a “large decline” of 66 per cent from the third quarter of last year, when 7,027 received permission from planning authorities, the CSO said.
The counties of Mayo, Roscommon, and Leitrim, meanwhile, did not grant any planning permissions for apartments during the quarter. However, the approval rate had been expected to decline in the back half of the year amid mounting funding and costs challenges.
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House prices could fall 12% if more homes built - ESRIThe Economic and Social Research Institute has found that if housing output was increased by 10,000 units a year, house prices could fall by 12%. No akshually what would happen is that the houses would just be filled with transient tech workers who materialise out of thin air or else greedy vultures would buy them and leave them empty That's what O'Broin, Hearne etc say anyway. What we need is a state builder 🤪🤪 Imagine that 👀 An economic research organisation coming to the conclusion that the law of supply and demand is real Remarkable! But doesn't this mean that 'housing experts' like EOBroin RoryHearneGaffs & Orla_Hegarty are talking complete nonsense Say it ain't so! Great, let's do it.
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