Re: Re: Lack of New Projects in Cork
It also has to do with lack of Government funding. New Civil Engineering projects like road and rail works are also depleted as well as HSE and OPW conservation projects. Its not just affecting property, its affecting all aspects of the construction industry.
The amount of survey tenders from local authority has also dropped off the side of a cliff, which would indicate a drop off in all infrastructural projects, such as watermains, sewage and urban renewal schemes.
I shudder to think that the minister for finance, for the last ten years, that got us into this terrible mess, is at the helm trying to get us out of it. I know I’m posting with the benefit of 20 20 hindsight, but the government could have held some money aside for infrastructural projects for when the property bubble eventually popped. The term for this is called “managing an economy”, which our bold leader completely failed us by not doing!
As a consequence, we will lose a lot of the skill base in Architectural, Engineering and Land Surveying offices that we all worked so hard to build up over the last 10 years.