Dáil debates
Wednesday, 12 March 2014
Other Questions
NAMA Social Housing Provision
10:10 am
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
Much seems to centre on what NAMA puts forward as suitable. I take the point about properties in the middle of nowhere being of little use to anybody on the housing lists but is NAMA holding back the good properties because it wants to flog them off to speculators such as Lone Star, Apollo or Kennedy Wilson, which we have recently discovered are in the process of bidding for or buying up these massive property portfolios? They get the good, quality buildings and NAMA offers the rubbish it cannot flog to these speculators to local authorities. It would be a supreme irony if, on the back of a massive crisis caused by property speculators, we handed over this property to another gang of speculators while tens of thousands of families, who could use those homes, languish on housing lists.
No comments