Sunday March 29, 2020

New thinking is needed to fund development

Planning permission received for just a quarter of the new housing stock needed to meet demand

22nd April, 2015
2
Planning permission

The 2.9 per cent fall in Dublin house prices over the four months since October has added to the debate on whether this price trend will have a knock-on effect on prices for development land. While most agents say that developer interest remains strong, at least one suggests that falling house prices are also reducing site values.

Last year, anecdotal reports suggested some Dublin land values nearly doubled, but as such a pace of recovery could...

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