Wednesday 17 January 2018

Simple answer to property collapse

Madam -- When are your correspondents going to get a handle on reality? If the builders and developers were given more say in a solution, we wouldn't be still wallowing around in this property morass. Paying the past owners of large portfolios is the smart way to spend taxpayers' money. Funding the large accountancy firms to act as intermediaries is where the waste begins. Your readers will not be happy until all builders and developers are behind bars. They clearly do not understand the root cause of the property collapse.

The construction industry is important to this economy -- and therein lie the solutions, and not with government bodies that set up research groups to do nothing but write reports. The solution is simple: 'flog the lot' and take whatever is available and stop prolonging the pain for all.

Denis Finn,

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