It is surprising that NAMA’s business plan has overlooked the possibilities of souvenir land sales.
These are created when tiny plots of land are provided with their individual land title. The title document will be a Folio from the Land Registry Registry (oops, sorry; Property Registration Authority) and a certificate like an illuminated manuscript. (We are good at that kind of thing).
The UK has taken this very seriously and so should we. The benefits are many. It will give employment to solicitors (a very good thing), to the PRAI staff, to cartographers, to town planners (maybe).
It could be the solution to the disposal of many white elephants, like the Irish Glass Bottle site in Dublin’s docklands. It is an “ideas” proposal.
(Did Mr. Cowen ask for ideas?)