The state: the biggest, baddest land hoarder of them all
In Dublin, the state controls 70 per cent of zoned residential land. Could a sell-off hold the key to a functional market?
People sometimes think developers are all in cahoots with one another, but anybody who knows a developer knows that isn’t the case. They may have to work together and get along, but it is very much a competitive environment where they will undercut one another to seal a deal or get ahead.
There is another big operator in the land market which cannot say the same about itself, and that’s the state. There...
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