Oireachtas Joint and Select Committees

Tuesday, 24 May 2022

Joint Oireachtas Committee on Housing, Planning and Local Government

Construction Costs in Housing: Discussion

Mr. Kevin James:

Unfortunately, in light of the tender price index published by the society, the trajectory and the message we are sending to the industry, we are at the tipping point for affordability and viability. Something has to give, which is the collective view among all participants. As was stated earlier, there is no one solution we can tick to say that will solve the problem. Right now, there are projects that will not be viable unless we do something radical, and some dynamic thinking is needed by all members of the industry.

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