“Construction has started on fewer than one in every two homes granted planning permissions as part of large residential developments over the past four years”
“pressure on students to find accommodation is only likely to worsen as the number of new beds planned for delivery this year is the lowest in two decades”
Who is steering this shitshow. Student visas through the roof, population burgeoning and less than 40% of approved housing being built.
“the fact that work had started on only three out of 10 homes originally seeking permission over the four years was a “major concern”
No shit!
its_brew on
Building the other 60% in other countries, will really help bypass a lot of the southside M50 traffic for the morning commute.
OneSection1200 on
That seems to undermine the argument than planning laws are a bottleneck.
GerKoll on
So what is the issue? Not enough construction workers? Not enough infrastructure( water, waste, electricity…), Price of production material to high? This article kind of stops in the middle….
jaymannnn on
with the price of property in ireland you would think the maths on building these would just solve any supply side issues. thats the bit i dont get?
if you cant make money on building property in ireland where theres almost unlimited demand, how could you make it anywhere?
Brave-Mistake-1007 on
Housing building at a standstill ,yet thousands of new people arrive every month. I’m seeing a mathematical problem here.
NotAnotherOne2024 on
Biggest issue with residential development is the lack of viable funders. Irelands development financing sector is still in its infancy, WIP capital required for LRDs is in the tens or hundreds of millions.
SmellTheJasmine on
the government attack on access to justice won’t deliver a single extra house, especially when this shit goes unchallenged.
grayparrot116 on
I wouldn’t like to think that most developers are just greedy people who just lay down plans for housing estates to get them approved to take grants and then never proceed with the building of said estate.
Spare-Buy-8864 on
What should the figure be in a healthy market?
For one thing the article says that if permissions stuck in judicial review and those only recently granted are excluded it’s closer to 60%,
Also any large development company obviously needs a pipeline of approved projects so they can actually plan ahead from a finance and resources POV, it’s not like they’ve a bunch of workers standing at the gates of every site ready to go when they get the stamp of approval.
Without an understanding of what’s “normal” this is just the usual sensationalist shite
Plane-Top-3913 on
It is known in the industry that on many sites, planning permission is seeked only with the intention of increasing land values for further selling, with no intention what so ever on building. Speculation
12 Comments
“Construction has started on fewer than one in every two homes granted planning permissions as part of large residential developments over the past four years”
“pressure on students to find accommodation is only likely to worsen as the number of new beds planned for delivery this year is the lowest in two decades”
Who is steering this shitshow. Student visas through the roof, population burgeoning and less than 40% of approved housing being built.
“the fact that work had started on only three out of 10 homes originally seeking permission over the four years was a “major concern”
No shit!
Building the other 60% in other countries, will really help bypass a lot of the southside M50 traffic for the morning commute.
That seems to undermine the argument than planning laws are a bottleneck.
So what is the issue? Not enough construction workers? Not enough infrastructure( water, waste, electricity…), Price of production material to high? This article kind of stops in the middle….
with the price of property in ireland you would think the maths on building these would just solve any supply side issues. thats the bit i dont get?
if you cant make money on building property in ireland where theres almost unlimited demand, how could you make it anywhere?
Housing building at a standstill ,yet thousands of new people arrive every month. I’m seeing a mathematical problem here.
Biggest issue with residential development is the lack of viable funders. Irelands development financing sector is still in its infancy, WIP capital required for LRDs is in the tens or hundreds of millions.
the government attack on access to justice won’t deliver a single extra house, especially when this shit goes unchallenged.
I wouldn’t like to think that most developers are just greedy people who just lay down plans for housing estates to get them approved to take grants and then never proceed with the building of said estate.
What should the figure be in a healthy market?
For one thing the article says that if permissions stuck in judicial review and those only recently granted are excluded it’s closer to 60%,
Also any large development company obviously needs a pipeline of approved projects so they can actually plan ahead from a finance and resources POV, it’s not like they’ve a bunch of workers standing at the gates of every site ready to go when they get the stamp of approval.
Without an understanding of what’s “normal” this is just the usual sensationalist shite
It is known in the industry that on many sites, planning permission is seeked only with the intention of increasing land values for further selling, with no intention what so ever on building. Speculation
r/HousingIreland