Houses affected by the National Transport Authority’s plan to create 16 high-speed bus routes in Dublin could fall in value by a quarter, one property expert has suggested. More than 1,000 homes in Dublin will lose gardens and parking places under plans to create 230km of expanded bus lanes and 200km of cycle lanes within a decade. The chief executive of the Institute of Professional Auctioneers and Valuers, Pat Davitt, said the value of the houses losing gardens would “drop considerably”, but he welcomed moves to cut gridlock. Ireland also needed to reach global and European sustainability targets and the plan would help deliver those. But Ms Myler said open and transparent consultation was needed, particularly with the residents who would be impacted.

Source: The Irish Times June 13, 2018 00:01 UTC