Can economy deliver increase in housing supply?
A large number of the workers required to build the extra homes will have to come from abroad, the ESRI warns in a new report
The Economic and Social Research Institute (ESRI) has warned of the risks involved insignificantly increasing house building over the coming years.
The think-tank’s research was aimed at assessing if the economy has the capacity to deal with an expected increase in construction activity to deal withthe housing crisis.
Overall, author Kieran McQuinn finds that the economy “is not unduly constrained” at the moment, as employment in the construction sector is still quite low ...
