Developers aren’t building houses for the private market in Tipperary because they can get more money in other counties.
That’s the stark fact presented to local councillors at a special meeting of the local authority yesterday focusing on housing.
The Director of Housing and Planning with the Construction Industry Federation was one of the experts that spoke to the local representatives.
Conor O’Connell says developers are choosing to build in other counties because they won’t get as good a price here.
The CEO of Tipperary County Council admits that there is a problem in the county due to the lower price cap of €350,000 Euro in effect for buyers hoping to use the ”First Home Scheme”.
That’s where the government provides funding and takes a small equity share in the ownership of the house.
Sinead Carr says that price cap needs to be changed.
