ESRI report claims Ireland needs construction workers to come from abroad to fulfil house-building targets

Ireland will need major inward migration of construction workers if the industry is to achieve targets for new housing.

However, a new report from the ESRI says the high cost of accommodation is acting as a deterrent for people who want to work here.

The ESRI research says the construction sector is going to need a major boost to employment numbers if housing supply is going to meet demand and that much of the extra labour will have to come from immigrant workers.

It warns Ireland's accommodation costs could act as a disincentive for people thinking about moving here to work in construction.

The study finds that a significant increase in housing output will require the number of construction jobs here returning to Celtic Tiger levels.

It predicts a big increase in mortgage lending as more homes come on the market, but the ESRI says its essential that the Central Bank maintains the regulations that oversee mortgage lending, or we could see the build-up of another property bubble.

- Digital Desk

More on this topic

First-time buyers on average incomes can't afford a house in half of counties

First-time buyers cannot afford a home in almost half of counties

Housing charity hits out at controversial co-living proposals

Dublin's first co-living housing block refused planning permission

More in this Section

Dublin population could increase by 33% by 2036

Students going on foreign holidays should be careful on first night, Alcohol Action Ireland warn

Gardaí call for swift roll-out of body cams for officers as Govt approves plan

Inquest returns open verdict on woman's overdose as it hears she wanted to stop taking methadone


Lifestyle

Hozier adds more believers to his church after Cork gig

Simply off the wall: Your go-to guide to shelving

Peter Dowdall shares his top 4 flower picks to add a splash of summer colour to your garden

Ask a counsellor: ‘Why does my husband hate that our daughter’s dating a man going through divorce?’

More From The Irish Examiner