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Ireland's Property News

Unfinished housing estates drop by 75%

Unfinished housing estates drop by 75%

Unfinished housing estates drop by 75%

New figures show that the amount of unfinished housing developments around the country has decreased by 75%.

 

 

 

The number of unfinished estates had dropped from around 3,000 in 2010 to just 668 this year.

Minister of State for Housing Paudie Coffey said that 324 developments had been "resolved" this year.

 

He said that efforts would now concentrate on the 492 estates that have occupied houses.

Mr Coffey said the issue of unfinished estates is now entering the "final phase".

He said a decision will have to be made about what to do with unfinished housing that appeared to have little potential of becoming economically viable.

 

Source: RTE 16/12/2015

 

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