Wednesday, 18 April 2018
We need to stop rent increases, bring rents down to affordable levels and stop vulture funds sitting on empty properties. As I told the Minister earlier this week, Cerberus is sitting on 27 empty properties in Sandyford while Apollo Global Management is sitting on empty properties in Dún Laoghaire. Nothing is being done about this. These speculators are dictating what is going on in the housing market. If the State takes those properties back for public use, that is how the Government will secure additional properties.