Developer O’Flynn slams budget snub

Developer O’Flynn slams budget snub
The Central Bank have strict guidelines for mortgage lending

Coalition failed to takes steps to stimulate the struggling construction sector, says builder

Cork developer Michael O’Flynn said that the industry was struggling to make the economics of building stock up, which is having a knock on effect on housing provision.

“Today, incentives are required to bring about viability. That’s the blunt reality.

“We need incentives if the government is serious about housebuilding restarting,” he said.

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