Letters to the Editor
We welcome exclusive letters addressed to:The Letters Editor,The Sunday Business Post, 80 Harcourt Street,Dublin 2 or faxed to 01-6796496; e-mail: [email protected]
McWilliams on property values
David McWilliams’ method of valuing houses (10/5/09) produces a ‘value’ which doesn’t even come close to the cost of providing a home in the first instance.
Take his example of the three bed in Newbridge which he states is worth €159,600.When you factor out the Vat element, he is suggesting that the builder should be happy to get €140,616.
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