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The Irish Construction Cycle 1970-2023

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Ireland has the most cyclical construction sector in Europe, equaled only by Spain. Except for an interlude of normality in the early 1990s, it has been dominated for half a century by booms, busts, slow and painful recoveries, housing shortages and surpluses, and soaring and crashing prices.Unless this exceptional cyclicality is tackled, it may frustrate reforms and disrupt housing markets more or less indefinitely. As the cycle cannot be forecast reliably, semi-automatic measures put in place in advance are needed.The book examines the scope for them, in each stage of the construction development land, infrastructure, and construction/housing markets.

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The Irish Construction Cycle 1970-2023, Nicholas Mansergh

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Année de publication
2024
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Titre
The Irish Construction Cycle 1970-2023
Langue
Anglais
Éditeur
Wordwell
Publié
2024
Format
souple
Pages
288
ISBN10
1913934314
ISBN13
9781913934316
Séries
Évaluation
4 sur 5
Description
Ireland has the most cyclical construction sector in Europe, equaled only by Spain. Except for an interlude of normality in the early 1990s, it has been dominated for half a century by booms, busts, slow and painful recoveries, housing shortages and surpluses, and soaring and crashing prices.Unless this exceptional cyclicality is tackled, it may frustrate reforms and disrupt housing markets more or less indefinitely. As the cycle cannot be forecast reliably, semi-automatic measures put in place in advance are needed.The book examines the scope for them, in each stage of the construction development land, infrastructure, and construction/housing markets.