There have been calls for a levy on the construction sector with over 100,000 properties affected by Celtic Tiger building defects.
Pat Montague, a spokesperson for Construction Defects Alliance, has said that fire safety defects are the greatest issue. It is estimated that the defects could cost the state €2.8 billion to repair with each apartment costing €27,500 on average to repair.
Speaking to Newstalk Breakfast about the impacts on those living in the defected properties, and on insurance, in particular, Montague explained that It becomes much more difficult to get and it becomes much more expensive. “The excess, particularly for fire damage, goes through the roof,” he said.
