Oireachtas Joint and Select Committees

Wednesday, 16 December 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Operations and Functioning of NAMA: Discussion

2:30 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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I question the rationale behind selling off all this residential property when its value is appreciating at its current rate. I wonder whether we got the best value for money. I wonder whether the vulture funds that have bought residential property from NAMA will be the beneficiaries. I wonder whether the sale will end up being a very bad deal for the public who paid for all of this stuff.