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Rising costs are putting building plans at risk, say construction consultants

Margins are so tight that price rises are putting developers off

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The dramatically rising cost of building materials is putting residential and public projects at risk, according to construction consultants Duke McCaffrey.

Residential projects are already on the borderline of feasibility. The margins are so tight that any kind of price increase is putting developers off,” said the firm’s co-founder and managing director, Joe McCaffrey.

The Central Statistics Office (CSO) said last week that the rising cost of materials is the biggest post-Brexit worry for Irish firms, with 65pc of construction companies expressing concerns.


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