Renowned economist warns government not to lose hold of Dublin city centre
DUBLIN: The government has been warned by renowned economist David McWilliams not to shut down the capital city completely. He warns the Irish government not to lose hold of Dublin City centre and to “get a grip” before it becomes derelict.
Mr. McWilliams points out that Dublin city centre is empty as a result of people working from home due to the COVID-19 pandemic. He warned that cities can “go bad very quickly,” stating that Dublin was “drifting badly towards dereliction”. McWilliams believes that the new working-from-home trend will benefit satellite towns.
“There is life here whereas in town, and this is something that the state has to get a grip of very quickly, that cities can actually go bad very quickly and they can become dilapidated very quickly and derelict very quickly,” Mr. McWilliams said. He called on the government to take control of the situation in the city before it becomes worse.
“There is no building work going on, lots and lots of shop fronts are boarded up. There is a real sense of a city sort of drifting badly towards dereliction. I think the state has go to get its act together,’ he said.
Previously, the economist advised Irish homebuyers to continue renting and to avoid looking for a home to buy immediately. This observation received much attention.
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