No Buyers for Affordable Housing

tw_empty2Cork County Council hopes to dispose of 42 houses, deemed affordable, in towns and villages in North Cork, as it has been unable to find buyers for them…

The houses are in Bweeng (10), Castlelyons (2), Charleville (2), Glanworth (6), Kanturk (6), Kilworth (1), Mallow (1), Millstreet (3) and Rathcormac (11)…

A senior executive officer with the council, said the local authority couldn’t continue to carry the costs associated with the empty houses. He told councillors the council had decided to sell off the houses in areas deemed to be in less demand for affordable housing…

Last year the Council dropped the prices of affordable housing when they realised that the market price was then below the price of their affordable housing. But still they have failed to sell them. Now they want to sell them at any cost, just to get the expense off their balance sheets.

The full article is available to read on the Irish Examiner website. Also, you can read Cork County Councils brochure for Affordable Housing in Millstreet, or read the Affordable Housing Explanatory Leaflet for Cork County Council (Northern Division)

Personally I know of one affordable house built in 2006 that has never been lived in, nor has it been finished inside, but still the electricity bill is being paid every month! What a waste.

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