Irish Examiner view: Housing obstacle

Building cost inflation

Ireland’s biggest builder warning that inflation could add €10,000 to the cost of building a home. Picture: Gareth Chaney/Collins

Yet another obstacle to home building was unearthed this week, with Ireland’s biggest builder warning that inflation could add €10,000 to the cost of building a home.

Cairn Homes chief executive Michael Stanley was the one who sounded that note of alarm, saying additional material and labour costs show no sign of unwinding.