Report finds no proof of hoarding

THE long-awaited Goodbody’s report on alleged land hoarding published yesterday found there was no evidence of this practice in three specific areas studied.

Goodbody Economic Consultants were commissioned by the Department of the Environment to see if there was any evidence of land hoarding among builders nationwide.

The Department of the Environment is considering bringing in the ‘Use it or Lose it’ scheme whereby developers would lose the zoning on their land for housing if they did not build on it within two years.