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:

It is really about the data and the availability of information. The market perception is that we have a huge number of vacant homes. Decisions are being made based on that. We need to improve the intelligence in understanding the complexity and the costs involved in refurbishing certain homes. Data visibility and the decisions being made will be telling in the future. From the industry's perspective, we are very supportive of it. The Deputy is absolutely right. If we can turn around vacant properties and make them available in a cost-efficient way, that is something we must do as quickly as possible. That said, there is a level of complexity in each and every vacant property. That is why the data being collected and the decisions being made around that are important.

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