Watchdog: Building surge could spark overheating

Watchdog: Building surge could spark overheating
'Necessary' building surge must be balanced, warns watchdog. Pic:

Irish Fiscal Advisory Council backs Budget 2018 stance, but calls for further measures to end boom-bust cycle

The state’s budgetary watchdog has warned about the risk of the economy’s overheating in the coming years if construction activity ramps up rapidly in response to the shortage of supply in the housing market.

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