The number of planning applications submitted to Carrick-on-Suir Town Council last year has dropped by a dramatic 42.5 per cent since 2008.
The stark indication of how the property market has crashed over the past four years was revealed at Carrick-on-Suir Town Council’s 2012 budget meeting.
According to figures supplied to councillors at the meeting, the Town Council received 85 planning applications in 2008 but the following year this had fallen by nearly half to 46 applications and there was a further sharp fall in 2010 with just 26 applications submitted.
Up to the time the Council’s draft budget document was finalised, 20 planning applications had been submitted to the Town Council during 2011.
The Council has estimated it will earn just E6000 from planning application fees this year.