Construction costs a ‘significant worry’ for delivery of cost-rental homes in Dublin city

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Construction costs a ‘significant worry’ for delivery of cost-rental homes in Dublin city
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Independent report finds Dublin City Council has been paying up to 44% more than private developers to build social housing

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“Costs now are a significant worry for delivery,” he told the council’s housing committee. “Inflation is running at nearly 30 per cent from 2019. The bigger worry for inflation is around cost rental and affordable sale because obviously, that they are expensive to build means that they are expensive to sell.”The Land Development Agency this week advertised cost-rental houses in Citywest, in South Dublin, for 57 per cent below market rates.

Mr O’Reilly said the EU procurement process also meant the council could not exclude known “bad” builders from selection to develop council housing schemes

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