Almost 40,000 new homes to be completed this year ahead of 250,000 five-year plan – Harris

https://www.irishtimes.com/politics/2024/08/25/almost-40000-new-homes-to-be-completed-this-year-ahead-of-250000-five-year-plan-harris/

Posted by devhaugh

18 Comments

  1. This is good. Supply is really ramping up. It was ~20K when this government took office.

    It would be alot more if they went high rise with 10 story+ apartment blocks. That’s a different story though.

  2. Without an accompanying photo of him rolling up his sleeves, I’m not sure if I believe this.

  3. demonspawns_ghost on

    >“Each local authority has been asked to undertake the preparatory work on zoning land for 50,000 new homes each year.”

    I’m not sure I understand what that means. 

  4. The 2 beds in Dublin are 520k. 100k more than the 3 bed in the same estate 2 years previously. Purest of greed as usual.

  5. Knowing our government, only the paper work will be completed.

    They won’t actually be built until 2043.

  6. And they’re all sold right?

    It won’t be a case of housing estates being unfinished because the houses aren’t sold…… right?

    If that was to happen what happens with all the money invested so far by the poor developers and government?

  7. 40k would have been great if we still had 2019 demand but we are in a new era with much higher population growth so not really enough

  8. Even a 50k a year plan is most likely too conservative. When accounting for pent-up demand we’re likely going to need 60k pa

  9. Active-Complex-3823 on

    Same man said we were starting 350 gaffs every working day just weeks ago (ya, that’s 80,000) lol

    Industry commentators estimating we will get to 33kish completions by EoY so I’ll bet anyone they’ll lie to our faces they’re on track for 40k but can’t prove it until Q1 2025 – months after the election

    All the geriatrics will buy it tho, every single time

  10. Not to be all doom and gloom but we’ve seen all this before. They scramble to make it look like they’ve been making an effort as the next general election gets closer

  11. Substantial_Rope8225 on

    What’s the breakdown of the 40,000 between govt built homes, investor build homes and private new builds?