Re: Re: Developments in Cork
kite wrote:
😡 Cork City Council has also moved to bail out developers in the city over the past few weeks.
100+ houses in the Northside, an entire development in the Southside, plus 100 apartments in one other development.
Considering the few cents the Council took from the same developers under Part 5 when the developers thought they would never see a poor day, and did not want “lower value clients†lowering the tone of their flagship developments, it is a disgrace that the council are now paying top dollar to bail them out.
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100+ houses in the Northside, an entire development in the Southside, plus 100 apartments in one other development.
Considering the few cents the Council took from the same developers under Part 5 when the developers thought they would never see a poor day, and did not want “lower value clients†lowering the tone of their flagship developments, it is a disgrace that the council are now paying top dollar to bail them out.
]
The government are trying to sustain and prop up the property bubble seems to have finally burst. Money better spent on health if you ask me.
