Over €1 billion worth of local authority housing stock is currently empty according to the Public Accounts Committee (PAC) Chairman TD Bernard Allen.
Figures obtained by the PAC Chair from the Department of the Environment showed that in 2005, a total of 5,270 local authority dwellings lay unoccupied across the country.
The ‘05 figures were the most recent statistics made available to the Fine Gael TD. The PAC has requested that the Department supply it with the 2007 figures which it says will be available “in a number of weeks”.
According to Deputy Allen: “Valuing these properties at a conservative average of €200,000 each indicates that local authority housing stock to a total value of more than €1 billion was vacant across the country in 2005.”
>>>>Over 5,000 local authority houses lie empty - Allen
by Dermot Keyes, Friday, July 25th, 2008http://www.munster-express.ie/local-new ... pty-allen/