Tuesday 24 April 2018

Paul Melia: Empty estates already coming back to haunt us

Paul Melia

Paul Melia

RECESSION, what recession? Ireland's construction boom continues apace with gung ho developers convinced they will turn a profit churning out more new houses.

Construction work has started on 11,000 new homes in the last 15 months, just as the full extent of the horrendous nightmare that is Ireland's property market is emerging.

That planners across the country continued to grant permission for houses and apartments at a time when the State is sitting on 300,000 empty units is beyond belief.

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