Belfast Telegraph

Friday 25 July 2014

Irish taxpayers to foot bill for ‘ghost’ estates

The Irish taxpayer is facing the prospect of having to pay to make ‘ghost’ estates in the Republic safe because developers failed to pay bonds that would be used to complete the developments.

It’s thought that one-in-four unoccupied houses in ‘ghost' estates in the Republic pose safety risks because sewers were left open, water is contaminated and building sites are not secured.

A survey of 63 unfinished estates in Co Laois says that 30% of housing developments are vacant, some 2,800 units.

The survey is part of a trawl of unfinished housing units designed to find out what work is needed to complete them.

It was believed developer bonds lodged with local councils would finance an overhaul. But anecdotal evidence suggested a “maverick culture” existed where developers ignored preconditions.

COMMENT RULES: Comments that are judged to be defamatory, abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted. The moderator will not enter into debate with individual contributors and the moderator’s decision is final. It is Belfast Telegraph policy to close comments on court cases, tribunals and active legal investigations. We may also close comments on articles which are being targeted for abuse. Problems with commenting? customercare@belfasttelegraph.co.uk