Sir, – What is it about the Irish tax code (or the broader set of incentives faced by property owners in Ireland, Dublin especially) that makes it more lucrative to leave properties derelict, often for many years, rather than develop them for retail or, better yet, housing?
On a recent visit to Dublin, I was struck by the number of derelict buildings on almost every street in the city centre.
On the same trip I visited Madrid, and in an evening ramble around central Madrid I failed to see a single derelict site.
Is there not some low hanging fruit here that could be picked to quickly address the housing problem in Dublin? – Yours, etc.
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MARK A WYNNE,
Dallas,
Texas.
