Irish Times Inside Business

"We'll lose 10k houses this year" - Mark Fitzgerald on Covid-19's impact on housing supply and sales


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Mark Fitzgerald is founder and chairman of real estate firm Sherry Fitzgerald. He talks to Ciarán about the housing market's difficulties and resilience in the time of Coronavirus. Despite the worsening economic situation, he insists there is no drop-off in demand from buyers yet and predicts prices will recover in 2021. Mark predicts a drop in new housing builds this year of between eight and ten thousand, and calls for the next government to ensure a resulting shortfall is made up in the years ahead.
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Irish Times Inside BusinessBy The Irish Times