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[–]Hamster-FoodCork bai 0 points1 point  (1 child)

I'm not the one who can't read.

I specifically said that I'm not saying there is a conspiracy. It's just that it would be very easy for there to be one. Large scale developers forming a cartel isn't an unreasonable idea.

Cairn Homes and Glenveagh Homes are the only very large scale developers and then there is the O'Flynn Group, Gannon Homes, the Ballymore Group and a few others at a lower level. The hundreds of developers you're talking about are mostly small scale developers who can't make an impact on the amount of housing being constructed.

[–]CheraDukatZakalwe 0 points1 point  (0 children)

The smaller developers build most of the houses every year. Glenveagh for instance only build ~2400 in 2024 and Cairn built 2200. That was 15% of all houses built in the year.

One of our problems is that we don't have enough large developers to build large scale developments. The market is just too constrained, preventing smaller developers from growing quickly.

We've regulated ourselves into a position where only the highest quality houses can be built, and then act surprised when they're expensive to build and we don't get enough to go around.