This campaign pillar looks at how the property sector can facilitate the changing ways in which we live.
An ageing population will require not only an increase in the provision of some health services, but also new models of living and support within communities. We will also need a more efficient use of city space to prevent urban sprawl. A demand for greater urban densities will require the option to build higher.
A stable and developed rental sector will meet the needs of a mobile workforce. The prioritisation of key road infrastructure will ensure connectivity between all our cities is not only maintained to meet demand but upgraded to ensure the growth of key cities outside Dublin.
While the various government initiatives are welcome, the property sector now needs a period of policy certainty. Changing policy can delay investment decisions, slowing down building activity. The market needs housing supply to increase to meet current demand levels. The crash resulted in the property sector shrinking substantially. Even now the sector remains smaller than it was. Thus, as activity across the residential and commercial grows the sector faces the challenge of attracting resources and skills. This is one of the key priorities that must be addressed so that the industry has the capacity to deliver what the economy requires.
This joint report by Property Industry Ireland (PII) and Ibec is an initiative to bring together the perspective of the broader business community and business operating within the property sector. Our recommendations are aimed at unlocking the barriers to supply as well as ensuring a stable and smoothly functioning property market.
Better Housing: Increasing affordability and supply
18 June 2018: Ibec's Alison Wrynn and Aidan Sweeney along with Director of Property Industry Ireland David Duffy, discuss the major challenges facing the housing industry and highlight practical ecommendations to deliver better housing and a better quality of life for all.