The Government “is continually grappling with the effects of the housing shortage, not the cause,” says the Society of Chartered Surveyors Ireland, in response to Housing Minister’s Simon Coveney’s proposal on rent freezes and caps, in Dublin and Cork.
The Government will not make a dent in the housing crisis by handing out grants in the budget to first-time buyers, “as supply is the problem and not demand”, according to the Irish Society of Chartered Surveyors (SCSI) .
Supply constraints will send the cost of renting offices in Dublin soaring again this year and could likely take the shine off the capital as a leading destination for service and internet firms, the Society of Chartered Surveyors Ireland (SCSI) has said.
Munster surveyors in the SCSI meet tomorrow night for their annual dinner, at a time of recovery in the construction profession. Here, former SCS Munster chair Rob Andrews surveys his own half-century in quantity surveying.
No rent controls, a reduction in Vat on new homes, tax breaks for landlords and an apprenticeship scheme for construction workers are among a list of demands for the Government unveiled by the Society of Chartered Surveyors Ireland yesterday.
IRISH house prices are climbing faster than any elsewhere in the European Union so it can only be a matter of time before someone who should know a lot better suggests that we should not fret “because this time it’s different”.
Thursday of last week, a gathering of building surveyors, QSs and estate agents in their professional body the SCSI heard that their attendance - of 1,250 diners- for a black-tie function was “a very good barometer of the growing confidence in the economy and our industry.”
The country needs more office space, more urban housing, increased construction activity and employment — and greater investment and activity at a regional level, Patricia Daly, president of the 5,000-member strong Society of Chartered Surveyors Ireland (SCSI) told last week’s annual dinner, attended by 1,250 guests.
Surging house prices in Dublin and other urban centres will moderate from 2015 onwards as supply constraints becomes less acute and mortgage arrears work their way through the market, according to a report by the ratings agency Standard & Poor’s.