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Paul Newsome
Posted on 18 Jan 2014 2:08 pm

Dear Minister,
There are currently half a million people trapped in privated rented accommodation in Ireland. They do not own the properties they live in and as such, by definition are homeless.

They are ostensibly 'farmed' for private profit like drystock by landlords. Is this what the Irish Republic was meant to be after the British were booted out by the founders of The State inc. Collins and James Connolly?

There is no shortage of properties for those homeless people to live in, they are already sheltered under roofs - but they do not own them! Their homes are owned by 260'000 private landlords.

Homeless renters pay exorbitant, uncontrolled rents to amateur buy to let landlords who can turn around at the end of a lease or on some slim excuse and tell them they must get out.

Bertie Ahern's PRTB creation, removs the responsibility for half a million vulnerable renters from The Government Department of housing. What kind of democracy is that?

Those half million renters are currently supporting the whole deepening negative equity black hole created by Celtic Tiger landlordism greed.

At the end of their working days paying every spare cent they have in rents, when they no longer have the income to pay - when the money they shoulod have been paying off their own affordable mortgage has been paid into the bank accounts of landlords- what are those half million people supposed to do then Jan?

Maybe they can read back on all Jan O'Sullivan's reams of statistical jigsaw juggling of Social Housing figures. Even though more than three hundred thousand people have emigrated, the Social housing waiting list has only been adjusted by around ten thousand since Labour was given the responsibility for Social Housing by Fine Gael.

Meanwhile the property cabals are hard at work to drive the next property bubble boom and bust into orbit again.

The only logical and democratically moral answer to this un-democratic farce any left of centre Labour Party can conceive is write off mortgage negative equity for all workers, except landlords and investors. Cap house prices. Cap rents. Introduce E.U. standards and regulations for lanlordism.

Arrange for negative equity landlords to reverse out of their mortgage negative equity debt nightmare and give the renters of those properties an affordable mortgage based on written down prices, with the rents they already paid written off the price.

By such means Jan O' Sullivan can virtually eradicate Social housing waiting lists within a year and give six hundred thousand Irish Citizens some hope of ever being more than rent prisoners for life.

Regards, Paul Newsome


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