Dáil debates
Tuesday, 18 September 2018
Saincheisteanna Tráthúla - Topical Issue Debate
Social and Affordable Housing
6:40 pm
Bríd Smith (Dublin South Central, People Before Profit Alliance) | Oireachtas source
We have to take very seriously the urgent need to complete the projects and move people into their homes in Cherry Orchard. One of the subcontractors says it is disgraceful how things have gone with Ireland's housing crisis. He says it is not MDY's fault, but is rather something in the background we do not know about, which is having a knock-on effect with every supplier and subcontractor. He says that while MDY wants to fulfil the contracts, it cannot for whatever reason.
I ask again. Is a vulture fund involved in pulling MDY's money and pursuing a historical debt? If so, will we eventually do something about the use of vulture funds in the property market in this country? It is causing untold misery for all of these families in Cherry Orchard and beyond. I say to those in Cherry Orchard, Rialto and everywhere else who have been affected that the best thing they can do is be outside the Dáil on 3 October for the national housing demonstration to call on the Government to end once and for all the use of the private market to deal with the public housing crisis. The Government must build social and affordable houses on public land and stop using private markets where companies are themselves being caused hardship when vulture funds pull out. Will the Minister of State answer the question on vulture funds and provide a commitment that the houses will be occupied?
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