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

Fewer than 1,000 social homes built in Munster

Plans for 176 homes near Midleton refused permission

Murphy 'not living in the real world' with 'harsh' housing proposal, opposition TDs claim

Report: 35k new homes needed annually in next decade


More in this Section

Limerick boating incident: 'I can still hear the girls screaming'

Government are 'sleepwalking' into a chaotic disorderly Brexit, say Fianna Fáil

'Shocked, angered and dismayed': Dublin Mayor on amalgamation of Clondalkin Jigsaw

Cervical Check: Fianna Fáil say delayed Scally report is 'disappointing'


Lifestyle

Wishlist: Vintage fashion and home-ware are back in style

Spring has sprung: Use the new season turn your garden into an environmentally sound patch

It makes cents to get savvy with household spending

Designer home: Turning a small house into a spacious family home

More From The Irish Examiner