No chance of Dublin’s housing needs being met

The construction industry is operating way below capacity, while the city’s population is growing faster than anticipated

Forty three- and four-bedroom homes were sold earlier this year in the Fairhaven scheme, on Castleknock Road near Phoenix Park

The past year has been an eventful one for most sectors of the property market, including the new homes sector which is still struggling to come to terms with the significant impediments placed on it. These include, on the one hand, the timing of the Central Bank mortgage restrictions and on the other by the regulatory restraints of the planning system.

The net result of this is a construction industry operating at way ...