Deputy Michael Lowry has questioned the policy decision taken by NAMA in relation to the destruction of valuable assets during the demolition of ghost estates and apartment blocks. The Independent T.D. for North Tipperary has criticised the policy of knocking ghost buildings with re-usable assets still inside as illogical, wasteful and insensitive at what is a hugely difficult time for many people.
Deputy Lowry stated;
“Whilst I agree that ghost estates, in many cases, need to be demolished for health and safety reasons I question the procedure and method involved. It beggars belief that valuable fixtures, fitting and materials are razed to the ground and lie mangled and unusable in piles in rubble. Valuable items such as roof tiles, windows, doors, fittings and bathroom fixtures were all laid to waste, where they could in fact have been reused or resold to the benefit of the state and individuals. The policy that has been assumed of indiscriminately destroying buildings without examining what items of value could be retrieved quite simply makes no sense.”
“At a time when the emphasis is on saving resources, recycling and being green this wastefulness is hugely distasteful and cannot be allowed to continue. Every avenue that could potentially return some money from these buildings should be fully investigated and advanced. Simply going in with a wrecking ball is not the solution. NAMA must be brought to account on this matter and made explain the rationale behind this move. The policy being adopted by NAMA must be rethought before any more potentially valuable assets are lost.