Concern as demand for housing exceeds supply in Cork
Cork city has been hit by a shortage of housing as demand for houses is outstripping the supply of building land.. The city has the third highest demand for new homes in the country with new figures showing a need for nearly 4,500 homes, but there is only enough zoned land for 3 ,500 units. Meanwhile in the county, there is an over supply, with enough land to build 26,000 units but little more than 10% of this will be needed to meet housing demand in the next three years... Senior Council planners say the key issue facing the local authority is stimulating the construction industry and convincing developers to invest in Cork. Speaking to RedFM News Niall Horgan of Threshold in Cork says there is a huge need for affordable housing in the city Press PLAY button above to listen to the audio
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