Daft Property - Irish Property News

Another 50,000 building jobs set to go next year... Another 52,000 construction and related jobs are expected to be lost next year, according to an unpublished report. The cost of the job losses will add an additional €1 billion to exchequer spending in unemployment payments, benefits and training, according to a report prepared for the environment department. The report, by DMK Economic Consultants, predicts that the numbers employed both directly and indirectly in construction would reach a floor of 126,000 by the end of next year. At one time, there were 380,000 people employed in construction and related jobs. Up to the end of June this year, there were 127,000 people working in construction and a further 58,000 employed in construction-related work such as civil engineering, architecture, legal conveyancing and specific manufacturing for the sector. This does not include an estimated 8,000 apprentices doing training. The report estimates that as may as 7,700 apprentices and traine...

'No Irish need apply' - Polish builders get their own back... 'NO Irish need apply' - the signs are already going up on building sites abroad in a throwback to the grim days of the the last century. But this time they are starting to appear in Poland as that country takes its revenge for the way in which some unscrupulous Irish contractors treated their countrymen during the years of the Celtic Tiger. Trade union official Michael Kilcoyne - also president of the Consumers Association of Ireland - said it had recently been brought to his attention that the 'No Irish' signs had appeared on a couple of Polish building sites where workers were being sought. Mr Kilcoyne said: "The reality is that our international reputation as employers has been sullied. Many foreign people who have worked here, especially during our boom years, have had bad experiences. "The evidence of this is in the number of cases taken before the Labour Relations Commission over the l...

The crash is now the new porn... Fair play to the Irish, we'll knock a bit of crack out of anything. The property boom, for all that the official line now says it was the worst thing that ever happened to us, we treated as one huge game in which everyone could be a player. Even people who weren't investors as such, but who just happened to own a house because that's where they lived, had a great ride for 10 years as they constantly calculated how much their house was now worth and how much more they had made in the property game last year than they made by actually working. Most people were never going to sell their houses, and if they were they were going to have to buy an equally overpriced one, but people just enjoyed the feeling of getting ever richer on paper. What other nation could come up with a whole new type of porn, based on fully-clothed people standing in their kitchens, often flanked by their cute children? And the sight of a Miele kitchen in a period house ...

House building crash helped spark sudden rise in jobless figures... HOUSE building crashed after the Christmas holidays last year, new CSO figures show -- helping to explain the sudden rise in unemployment during 2008. Output in house construction was at the lowest level since the current statistics began in 2000. It was also 20pc less than the previous low point eight years before. House building slumped more than l30pc on the previous quarter, as builders left sites closed after the New Year break. This left the volume of output down 38pc on the same period of 2007. The value of houses built was down 35pc, suggesting little change in prices over the 12 months. Non-residential building was up almost 9pc compared with 2007, and the value of the buildings was 14pc greater. This gain left total construction down almost 22pc on the previous year. But Rossa White, economist at Davy Research, said the figures seemed to be saying that non-house building was already slowing fast in 2007. ...