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Construction Business Newsletter - October 4th
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Mary Lou McDonald describes affordable housing plan as ‘absolute failure’

Mary Lou McDonald describes affordable housing plan as ‘absolute failure’ ‌

A Government plan to build affordable housing has been described as an “absolute failure” after it emerged only eight homes will be delivered this year.

In October 2018, the Government announced its Affordable Housing Fund to deliver 6,200 homes to rent or buy over a three-year period.

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No international expertise sought on mica problem

‌ No international expertise sought on mica problem

The Department of Housing has not engaged with officials in other countries regarding properties afflicted with construction problems involving defects such as mica in concrete blocks.

Minister for Housing Darragh O’Brien has confirmed that the terms of reference of the expert panel which proposed the Defective Concrete Blocks Grant scheme…

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Investment in Irish property soars to €3.5bn so far in 2021 - Savills

Investment in Irish property soars to €3.5bn so far in 2021 - Savills ‌

Almost €800m was invested in the Irish property market in the third quarter of this year, which is 25% higher than a typical third quarter, according to the latest data from property advisor, Savills.

This brought total investment volumes in Irish real estate to €3.5 billion so far this year,…

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‘No justification’ for building workers to remain on PUP, says industry chief

‌ ‘No justification’ for building workers to remain on PUP, says industry chief

Construction industry head, Tom Parlon, has criticised building workers still claiming the pandemic unemployment payment (PUP), saying there is no justification for being out of work.

Mr Parlon, director general of the Construction Industry Federation (CIF), said the Government had a “laissez-faire” attitude in failing to insist claimants prove their need.

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Dublin and Cork have highest average house prices in the country

The average price of a house is now almost €24,000 higher than it was a year ago, with the rise in prices more pronounced outside of city areas.

As the Irish Examiner reports, the latest quarterly sales report by Daft.ie, covering the third quarter of this year, shows a national increase in…

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