Tag Archives: Housing

Vultures make a killing on NAMA property

By Diana O’Dwyer A little noted feature of the so-called ‘recovery’ from the banking and property crash is the sell-off of residential and commercial property to international capitalist investors. Typically enough, the impact on the former property-owners and -occupiers has varied enormously, in accordance with their power and wealth and influence over government policy. There was never any bailout for ...

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State must build public housing

Despite more than 289,000 vacant dwellings in Census 2011, there is the most serious housing crisis seen in this country for decades. Few of these vacant properties are being turned over to the state. Many are being deliberately held onto by developers, Nama or receivers, clearly waiting for prices to rise again and turn a profit.

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Housing crisis enriching landlords’ profits

Labour and Fine Gael housing policy is to enrich private landlords and boost their profits by not providing social housing and push more people into rent supplement arrangements. Figures reveal that the government gave €400 million to private landlords in 2012. The top 20 earners, all owning over 100 houses each, pocketed a massive €5 million. One landlord alone took ...

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