A Clare developer is predicting a major change in building practices in order to stem the housing crisis.
It follows a recent report, which found Ireland’s competitiveness is at risk, due to the current state of the property market.
Construction is now the only sector in the country in which there are fewer employers today than during the Celtic Tiger.
That’s among the findings in the National Competitiveness and Productivity Council’s latest analysis of Ireland’s housing market, which also noted that housing affordability is a significant concern and undermining sustainable growth.
During February, there were just seven new properties sold in Clare for an average cost of €343,000.
A Clare Developer believes that while the Fás system has failed and needs to be overhauled to bring more apprentices on stream, traditional construction methods could be temporarily phased out due to the shortage of labour.
Ciarán Breen from Ciarán Breen Construction in Ennis says modular homes are likely to play a much greater role in future housing delivery.
A Clare Auctioneer believes in order to overcome the crisis, the state must create an environment where construction are not forced to emigrate.
Diarmuid McMahon of Sherry Fitzgerald McMahon Real Estate Agents Ennis says regardless of a future economic downturn, government must continue to invest in social housing and incentivise private development.
You can listen to the full interview below.
