Wednesday, March 28, 2012
NIMBYs see their ‘luxury apartments’ become council flats
An emergency meeting has been held between politicians and the Housing Executive over proposals to sell off two apartment blocks in a luxury development for social housing. Residents are objecting to the plans, fearing their homes, many bought at the height of the boom and already in negative equity, could lose more value. â€œThe empty houses will be sold off for a very small sum, probably less than half of what many existing residents paid,â€ said resident Ian Scott.