Results 1-4 of 4 for mick wallace nama segment:6917675

Topical Issues: Social and Affordable Housing Provision (19 Oct 2017)

Mick Wallace: ...a minute. It sold 3,800 sites in Cherrywood for €27,000 each to Hines, a vulture fund, which is now selling them for more than €100,000 each. Explain how this makes sense to the Irish people, NAMA selling 3,800 sites in Cherrywood for €27,000 each and now Hines is selling them for more than €100,000 each. Explain the logic of that to me, please.

Topical Issues: Social and Affordable Housing Provision (19 Oct 2017)

Damien English: I thank Deputy Mick Wallace for raising the issue of housing and the question of State land. He might not realise it but we are actually on the same page on much of this. People seem to keep missing that. Himself and many others who are not in government keep mentioning this magic target of 10,000 social houses annually. We agree on this and have set aside the money that will get us to...

Topical Issues: Social and Affordable Housing Provision (19 Oct 2017)

Mick Wallace: ...The Government is still totally dependent on the private market to deliver. The Minister of State says that no one gets to build on State land without providing affordable housing. Anyone to whom NAMA has given land has not provided affordable housing. They are selling four bedroom houses in Dún Laoghaire for €700,000 each on land that NAMA provided and financed. NAMA did a...

Topical Issues: Social and Affordable Housing Provision (19 Oct 2017)

Mick Wallace: ...affordable housing. In certain parts of the country, especially in Dublin and other major cities, there is a lot of land under the control of the State and of the National Asset Management Agency, NAMA. I do not understand why we would, for example, allow NAMA engage developers to build housing, and finance them to sell units that are unaffordable. I do not understand why the State is...