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 Post subject: Many immigrant workers needed if more houses to be built
PostPosted: Wed Nov 21, 2018 7:13 pm 
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Too Big to Fail

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Location: Bogtrotterland!
Many immigrant workers needed if more houses to be built - ESRI

https://www.rte.ie/news/ireland/2018/11 ... 3-housing/

Quote:
The Economic and Social Research Institute says the low level of unemployment in Ireland means solving the housing shortage will require large numbers of immigrant building workers.

It also says a large increase in housing output will require a large increase in bank lending to construction firms and house buyers, to levels not seen since 2008.


Import more people while there is already a shortage of accommodation!

They must be bonkers! XD

But then again "growth" and all tricks required to achieve it, are non-negotiable.

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 Post subject: Re: Many immigrant workers needed if more houses to be built
PostPosted: Wed Nov 21, 2018 7:36 pm 
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Of Systemic Importance

Joined: Sep 13, 2012
Posts: 5520
Seems fairly obvious.

Construction labour market is very tight.

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 Post subject: Re: Many immigrant workers needed if more houses to be built
PostPosted: Wed Nov 21, 2018 10:04 pm 
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Too Big to Fail
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Location: the nearest faraway place
If London construction stalls it'll be English voices we'll be hearing on Irish construction sites!

Let's all chip in an buy a premises to turn into a Queen Vic like in eastenders with natty carpets and hostile bar staff! :D

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 Post subject: Re: Many immigrant workers needed if more houses to be built
PostPosted: Wed Nov 21, 2018 10:06 pm 
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Nationalised

Joined: Nov 6, 2006
Posts: 9019
Location: Hollywood
Eschatologist wrote:
Seems fairly obvious.

Construction labour market is very tight.

Wages, simple


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 Post subject: Re: Many immigrant workers needed if more houses to be built
PostPosted: Wed Nov 21, 2018 10:56 pm 
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Property Magnate

Joined: Jan 31, 2009
Posts: 677
dolanbaker wrote:
Many immigrant workers needed if more houses to be built - ESRI

https://www.rte.ie/news/ireland/2018/11 ... 3-housing/

Quote:
The Economic and Social Research Institute says the low level of unemployment in Ireland means solving the housing shortage will require large numbers of immigrant building workers.

It also says a large increase in housing output will require a large increase in bank lending to construction firms and house buyers, to levels not seen since 2008.


Import more people while there is already a shortage of accommodation!

They must be bonkers! XD

But then again "growth" and all tricks required to achieve it, are non-negotiable.

This is a real déjà vu; and don't be fooled by the title of the IT article which "ruled out" open door immigration; the opposite was the case:
https://www.irishtimes.com/business/harney-rules-out-open-door-to-immigrants-1.261884
Quote:
Ms Harney said the aim of the new programmewas to support the Government's existing policy of seeking some 200,000 new workers in the lifetime of the National Development Plan, which runs until 2006.

Proof, if proof was needed that FG has no vision that is the slightest bit different from FF.


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 Post subject: Re: Many immigrant workers needed if more houses to be built
PostPosted: Thu Nov 22, 2018 8:34 am 
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Old Time Landlord

Joined: Jan 31, 2007
Posts: 386
Location: Middle Earth
Blindjustice BATONEFFECT wrote:
Eschatologist wrote:
Seems fairly obvious.

Construction labour market is very tight.

Wages, simple


1000% correct. Same in hospitality and has been for years, I worked in a hotel about 10 years ago and the pay and attitude to staff is contemptuous yet there are regular media articles about how hard it is to find staff and how nobody Irish want to be e.g. a chef. 2 things needed - cut out split shifts and bump pay.


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 Post subject: Re: Many immigrant workers needed if more houses to be built
PostPosted: Fri Nov 23, 2018 7:36 am 
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Of Systemic Importance

Joined: May 18, 2007
Posts: 6377
Location: On the Road
Surely it makes sense to import less people from abroad so that rents and prices decrease while at the same time freeing up units over time?

Or is that just complete fucking lunacy?

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 Post subject: Re: Many immigrant workers needed if more houses to be built
PostPosted: Fri Nov 23, 2018 8:30 am 
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Nationalised

Joined: Oct 29, 2007
Posts: 11801
Location: Multiverse
We need immigrants to build for the immigrants coming to build for the immigrants coming to build.

2004 is calling.


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 Post subject: Re: Many immigrant workers needed if more houses to be built
PostPosted: Fri Nov 23, 2018 10:17 am 
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Of Systemic Importance

Joined: Sep 13, 2012
Posts: 5520
The effect of constrained labour supply is wage inflation followed by reduced marginal demand.

In other words, less housing is produced.

Presumably the socialists on this thread would cheer this on as a win for labour over capital. Solidarity komrades! We will beat the bourgeoisie!

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 Post subject: Re: Many immigrant workers needed if more houses to be built
PostPosted: Fri Nov 23, 2018 11:19 am 
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Back Home with Mammy

Joined: Oct 11, 2017
Posts: 58
dolanbaker wrote:
Many immigrant workers needed if more houses to be built - ESRI

https://www.rte.ie/news/ireland/2018/11 ... 3-housing/

Quote:
The Economic and Social Research Institute says the low level of unemployment in Ireland means solving the housing shortage will require large numbers of immigrant building workers.

It also says a large increase in housing output will require a large increase in bank lending to construction firms and house buyers, to levels not seen since 2008.


Import more people while there is already a shortage of accommodation!

They must be bonkers! XD

But then again "growth" and all tricks required to achieve it, are non-negotiable.

An elderly person said to me yesterday in relation to the above "It's a right mess."

I thought it summed up the situation very accurately.


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