Re: Re: Disgraceful

@Praxiteles wrote:

Land at 3 million per acre……reasonable?

Is Dieter by any chance talking in terms of the inter war Reichsmark?

Sirius, surprisingly, is right. The country is gone to the bow-wows!

It is a question of fact…not of reasonableness

” A religious order is to get over €25million for the sale of 7 acres of land in Cork.. The Sisters of the Sacred Heart of Jesus & Mary have agreed sale terms on four lots of their extensive 40 acre landbank at Bessborough in Mahon….CCM gave a price guide of €1.5 million an acre, but sources say the deal has been agreed at over €3.5 million an acre”. Irish Examiner Thursday 22nd June 2006 page 32

There is clearly an acute shortage of development land in the city environs and prices will rise even further if permission is refused on land already earmarked for development.