Re: Re: Developments in Cork
With most houses now failing to sell at auction and many apartments lying idle since built you would wonder at what level will developers put their money in less volatile investments?
Heard today that plans to demolish Lovetts to replace by four-storey apartment block have been panned. Not sure if it was the threat of ‘revolution on the strreets’ or the prospect of empty apartments, or combination of both, which prompted the change of mind.
The property market has dampened considerably in recent weeks