Varadkar says housing targets look set to be revised upwards due to population increase
“The commitment needs to be made at the front end of the project,” said an industry source present. The Government looks set to step up “viability” measures to encourage building amid a shortfall in commencements which will hurt housing targets next year.
While the Government is awaiting advice on the matter from the Housing Commission, Mr Varadkar said that given the rising population and an influx of people from Ukraine, it “makes sense to me that we will need to revise upwards those targets”. However, he cautioned that other issues could hold the sector back, such as the availability of labour, materials and the capacity of the planning system. “I don’t think the problem is going to be a lack of finance from Government, I think it’s the other constraints that may hold us back more so than finance.”
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