Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Anecdotal evidence that developments are being paused or reconsidered was touched on. I see it in my own community, mostly with self-builds, where people pausing for a couple of years to see if the rates will come down. Suppliers in my area tell me that people are just trying to get the house closed in and then just leaving it like that because they cannot afford to continue at the present rates.

What is happening in the industry? We are seeing commencements start to slacken off, and there is concern for 2023. Are people pausing developments that they were thinking about previously?