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Ghost Estate's €870m Tax Breaks...

Ghost estate builders got €870m tax breaks... But no cash to finish 'eyesores' as 33,000 houses stand empty: DEVELOPERS got almost €870m in tax breaks to build thousands of houses that no one wants , the Irish Independent has learned. And the Government yesterday admitted there was no money to finish off the 2,800 ghost estates in which 33,000 houses and apartments are lying idle. Local communities will be stuck with these eyesores for years as bulldozing them has also been ruled out. And planners will not face any sanction for their role in fuelling the property bubble. The first official audit of the number of unsold and half-built houses and apartments in so-called ghost estates published by the Department of the Environment yesterday showed the full extent of the problem. The report found: * There are 2,846 ghost estates containing 33,225 empty units ready for sale. * Cork has the most unsold homes, 3,427. Limerick City has the least, 119. * Planning permission