Property Industry Ireland Pre-Budget Submission 2026

Ireland’s economic model, as a small open economy heavily reliant on international and, in particular, cross Atlantic, trade in goods and services is facing headwinds in the current geopolitical climate. This is why Budget 2026 must address our competitiveness challenges. Foremost of these are our capacity challenges to allow us to continue to attract jobs and investment are timely funding and delivery of essential strategic water, electricity and transport infrastructure, social infrastructure and above all housing.

Policy certainty and state investment in infrastructure remain the key measures in supporting a sustainable property and construction sector in Ireland. Delivering a built environment that delivers for communities requires many arms of the State to work in tandem alongside the private market. In a scenario of scarce Government resources, it is important to focus on areas of market failure, and be aware of the risk of unintended consequences, specifically of not displacing current private sector delivery of homes.

Budget 2026 must deliver targeted measures that will facilitate the delivery of infrastructure and ensure the scale of the funding challenge in reaching 300,000 new homes by 2030 as highlighted in the Property Industry Ireland Housing Allocation and Funding Report. PII’s prebudget submission, identifies six issues that Government needs to focus on in Budget 2026, accompanied by a series of recommendations to address these issues.

1. Stimulating apartment delivery
2. Infrastructure Investment
3. Need to attract investment to help meet housing demand and ambitions
4. First time buyer supports
5. Residential Zoned Land Tax
6. Industry Capacity and labour

Download PII’s Prebudget 2026 submission below: