Surveyors offer points to ponder for Budget 2015
Pauline Daly: According to surveyors, a restructuring of construction costs and financing, and increased mobility of second-hand homes, hold the key to a more functional property market.
Budget 2015, due to be announced on October 14, has the potential to support a more sustainable property market by ensuring that the barriers to construction can be overcome to improve the availability of supply.
There is a serious shortage of supply of residential property in Dublin and urban areas at present, which is leading to house-price inflation at unsustainable levels. According to the latest Central Statistics Office Residential Property Price Index, property prices in Dublin increased...
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