High vacancy rates reveal the recovery has not fully reached Mayo – Chambers
21 August 2018
Fianna Fáil TD for Mayo Lisa Chambers says the latest report from Geo-Directory cites on commercial vacancy rates is further evidence that the recovery has not reached Mayo. The report reveals that 15.6% of all commercial properties are lying idle.
Deputy Chambers said, “The findings of this report will come as no surprise to anyone living in Mayo. Despite proclamations from government Ministers that the recovery is being felt across the country, the reality in the West of Ireland and in many rural areas, is that many communities have been left behind. Ballina, for example, has one of the highest vacancy rates in the country, at 23.7%.
“The evidence is even more stark, when you compare the vacancy rates in Leinster and Connacht, with the gap between the two increasing since last year. Rural towns are struggling, and while the situation may be much improved in Dublin, the effects of any economic boom are not being felt in Mayo.
“Fianna Fáil is working to develop new, innovative proposals to stimulate the regeneration of Ireland’s small towns and villages.
“The last seven years have seen Fine Gael preside over a two-tier recovery that has led to the near demise of rural Ireland. Enough is enough,” concluded Deputy Chambers.