Cork Chamber of Commerce calls for the building of new homes outside Dublin

The president of the Cork Chamber of Commerce last night urged the Government to encourage the building of new homes in all urban centres, including Cork, and not predominantly focus on Dublin, because housing shortages were beginning to affect international investment decisions right across the country.

Barrie O’Connell said there was evidence that shortages of suitable rental and permanent accommodation would start influencing decisions of multinational executives from investing in Cork and other areas outside of the capital.

In a speech to the Cork Chamber of Commerce’s annual Dublin Dinner, which Taoiseach Enda Kenny also addressed, Mr O’Connell said Nama could play a greater role in encouraging housing developments outside the capital.