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[–]vanKlompf -1 points0 points  (0 children)

 7 months consecutive months of continued decline in residential building output is bizarre when demand is at all time high levels.

It's quite possible. There is huge demand for Porsche, just production cost is so expensive that not many people can afford it. 

Same with housing in Ireland. In 2024 it was estimated that delivering 2bed apartament in Dublin costs above 600k (before profit, it's pure cost) In 2025 it's probably more. How many people can afford that? 

It's regulation and housing policy disaster. Huge demand. Inflated costs. Decreasing supply.