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Residential Tenancies (Deferment of Termination Dates of Certain Tenancies) Bill 2022: Second Stage (26 Oct 2022)

Verona Murphy: People's expectation to own their own home is now for many only a pipe dream. Why is that, if the economy was never stronger and employment levels are so high? NAMA is part of the answer. It was initially sold to the public as a system that would save the housing market by warehousing loans, but instead this changed midstream and those loans were sold to vulture funds, resulting in the...

Residential Tenancies (Deferment of Termination Dates of Certain Tenancies) Bill 2022: Second Stage (26 Oct 2022)

Richard Boyd Barrett: ...the rest will be rented or sold at prices that ordinary working people could not possibly afford. Why do we allow that to happen? Most of the developments in question are on sites that were previously in the ownership of NAMA and that the developers bought from that agency at a major discount. Often they make massive capital gains out of selling these properties. They do not even pay...

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