Tuesday 16 October 2018

Ask the experts: What is your view on the progress (or lack of) regarding the Rebuilding Ireland plan?

Michael Grehan, managing director, Sherry FitzGerald
Michael Grehan, managing director, Sherry FitzGerald
Aine Myler
Keith Lowe
Pat Davitt

Michael Grehan

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Michael Grehan, managing director, Sherry FitzGerald

Rebuilding Ireland is an excellent framework for the future, and a lot of the initiatives included in this plan will positively enhance the market. The biggest challenge the market has is that the crisis is deepening on a daily basis and it will take many years to really see the positive impact of some of the measures.

Michael Grehan is MD of the Sherry FitzGerald estate agency group, which has a 66-branch-strong network, including franchises. He has more than 28 years’ experience in the property sector.

Pat Davitt

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Pat Davitt

A well- intentioned plan with too many aspirations and not enough implementation. There has been industry 'consultation' in name only, a few public gatherings, but it was clear that policy makers' minds were already well and truly made up in advance. There has been a marked reluctance to take on board the views of industry experts like ourselves, who are dealing with the reality every day.

Pat Davitt is the CEO of the Institute of Professional Auctioneers and Valuers (IPAV). He has more than 35 years’ experience in the sector, spending much of it running a family-based auctioneering firm in Mullingar.

Áine Myler

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Aine Myler

It's frustratingly slow, particularly for anyone waiting in temporary accommodation for a home. Creating momentum in a housing market that has been at a full stop is never easy, particularly when finances are constrained, but we still need to consider other measures. For instance, what about using our existing stock more intensively? We are still waiting for the Government to confirm the planning exemption to change ground-floor commercial units into residential units.

Áine Myler is the director general of the Society of Chartered Surveyors Ireland (SCSI). She holds a master’s degree in planning and development economics, and has worked in estate agency for 26 years and in later years as a consultant.

Keith Lowe

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Keith Lowe

Rebuilding Ireland was a very well-devised, ambitious framework plan. But its success was always down to its imple-mentation and progress has been slow. It was never designed to be a quick fix but a platform to build from. An example of this has been rapid builds which have turned out as not being rapid to build at all, more expensive than traditional housing and slower to construct than standard new three-bed homes being built by private builders.

Keith Lowe is CEO of Douglas Newman Good (DNG), a national estate agency network which has 75 branches throughout the country, including franchises. He has 33 years’ experience in the sector, having joined the firm in 1984.

Irish Independent


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