Moville will look very different in a month's time
Depression
It’s been a bad old recession. Indeed whilst Ireland had a bad recession, Moville has had a Depression?
Why do I say that?
I say that because unemployment in Ireland reached 15% whilst in Moville it reached 30% – the same as it was at the very worst of the Great Depression in America.
Plummeting
The prices paid for businesses has plummeted here as have house prices. Indeed that group of 10 apartments in James’s street sold recently for just €110,000 in total.
However, next month could be a game changer.
Firstly, a newly refurbished Rosatos will be back open again. People I’ve spoken to are really looking forward to that.
Secondly, the Caiseal Mara is due to open sometime next month as well. That will be a huge boost to the town.
Tumble
Since the Caiseal Mara closed, Moville has really taken a tumble. When I first came here there were two hotels with 64 bedrooms. Now there are none and none and that’s got to have a huge effect on a town that depends on tourism for its income.
So, when Rosatos and the Caiseal Mara open again next month, it may be seen as the turning point in the fortunes of Moville.