Five ways to make savings on housing
Published 10/06/2011 | 05:00
There is over €100bn in savings in the country: 1. Would it not be possible to simply sell the unfinished properties to the public at a cost of say €20,000 for near completed units, each with the proviso that a bond of €40,000 be lodged to pay for the completion of the properties by the new owner? The new owner would promise they will reside in the property and complete works within one year.
2. A scaled pricing for the properties depending on state of completion to be introduced.
3. Completed properties could be sold for 1995 prices -- €50,000 to €70,000.