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Canney: Proposed Concrete Levy...

National

Canney: Proposed Concrete Levy Should Be Scrapped

RedFM News
RedFM News

11:32 9 Jul 2023


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The proposed concrete levy should be scrapped as it would only increase house prices at a time when they should be reduced.

A recent report from KPMG found the concrete levy would cost an additional 297 million euro to the delivery targets in the Housing for All plan.

Independent TD Sean Canney, says to introduce the levy right now doesn't make any sense:

"In a time when we have such high inflation, for instance, concrete has increased by something like 30% and it will go to 36% inflation now. Basically, what we're doing is, we're putting more costs onto an already overburdened industry. And if you take young people trying to build a house or to do a house to the Vacant Property Grant, this is another cost that they would have to encounter. There's no real need for it right now".


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