Oireachtas Joint and Select Committees

Thursday, 23 June 2022

Joint Oireachtas Committee on Housing, Planning and Local Government

Remediation of Dwellings Damaged by the Use of Defective Concrete Blocks Bill 2022: Discussion

Mr. Miche?l Mahon:

I would not give a percentage at this forum. The problem is that it is quite evident that there is inflation out there at the moment. There is a lot of anecdotal information about construction cost inflation. Unfortunately, there is no independent data set in which inflation has been collated. We have volunteered to redo that study in February or March 2023. We think it is best to gauge inflation over a protracted period. It is only four months since we did the report, so we would prefer to wait and see what the impact is over 12 months.

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