House prices could drop by as much as 12% if housing output increases by 10,000 units a year. That is according to a new ESRI paper, which found that increasing output would not necessarily lead to significant wage inflation in the construction sector.

Kieran was joined by Edgar Morgenroth, Professor of Economics at DCU and Aidan Regan, Associate professor in political economy in the School of Politics and International Relations at UCD to discuss…