Results 101-120 of 296 for nama speaker:Richard Boyd Barrett

Joint Oireachtas Committee on Housing, Planning and Local Government: Appropriate Use of Public Land: Discussion (17 Oct 2018)

Richard Boyd Barrett: ...of the market, with which nothing is happening. According to Mel Reynolds, of the 114,000 houses mentioned, approximately half are local authority houses. The remainder will be provided through NAMA. There are 60,000 acres of zoned land in the ownership of NAMA, on which 60,000 units could be delivered, yet nothing, or very little, is happening on it.

Joint Oireachtas Committee on Housing, Planning and Local Government: Appropriate Use of Public Land: Discussion (17 Oct 2018)

Richard Boyd Barrett: ...with the fact that within this plan 60% of housing will be privatised. This will create huge problems. Once the State interacts with the private market we will be back to the problem we have with NAMA, in that it will have to negotiate with people whose interest in the process will be to make money. The State will have to negotiate with them an arrangement, whereby they will make money...

Joint Oireachtas Committee on Housing, Planning and Local Government: Appropriate Use of Public Land: Discussion (17 Oct 2018)

Richard Boyd Barrett: ...? Will that come upfront? What price will we pay for it? Has that been negotiated yet? It has been bandied around that Hines will sell the houses back to the council for up to €430,000, on land that was originally sold to them by NAMA. Can the witnesses give us any further information on that?

Financial Resolutions 2019 - Financial Resolution No. 4: General (Resumed) (10 Oct 2018)

Richard Boyd Barrett: ...corporate property speculators like IRES Reit, Cerberus, Kennedy Wilson and Cairn Homes. All of these people who bought land and property from the State and the people through the National Asset Management Agency, NAMA, at discount prices will now charge the State an arm and a leg to rent or lease it back to it. It will be a massive black hole in the public finances which will grow...

Financial Resolutions 2019 - Budget Statement 2019 (9 Oct 2018)

Richard Boyd Barrett: ...demonstrated how these loopholes are being exploited by Ires REIT which was invited here by the Government and which is now one of the biggest corporate landlords in the State. It bought property from NAMA for a song, and this week it tried to exploit a loophole left in the legislation to increase the rents of their tenants in Sandyford's Beacon South Quarter by 25% to 35%. The average...

Housing: Motion [Private Members] (3 Oct 2018)

Richard Boyd Barrett: ...x20ac;70,000 tax on Irish profits of €20m"; "Profits soar at one of Ireland's most well known developers". The last headline refers to Park Developments. The list could go on. Those are the facts. NAMA has flogged €30 billion worth of property and land. The Minister may state there was no money for public housing when Fine Gael came into government, but we had NAMA,...

Joint Oireachtas Committee on Housing, Planning and Local Government: Rebuilding Ireland - Action Plan for Housing and Homelessness: Discussion (Resumed) (27 Sep 2018)

Richard Boyd Barrett: ...list. It was obvious that if the local authorities did not build council houses, there would be more demand. Another point made by Members in the Dáil the following year was that the decision to allow NAMA to unload vast amounts of property to vulture funds was going to be a disaster. I really think the Minister should withdraw that statement and recognise that it was a mistake to...

Joint Oireachtas Committee on Housing, Planning and Local Government: Rebuilding Ireland - Action Plan for Housing and Homelessness: Discussion (Resumed) (27 Sep 2018)

Richard Boyd Barrett: I asked whether it was a mistake that NAMA flogged off all the property.

Joint Oireachtas Committee on Housing, Planning and Local Government: Rebuilding Ireland - Action Plan for Housing and Homelessness: Discussion (Resumed) (27 Sep 2018)

Richard Boyd Barrett: I am asking the Minister whether it was a mistake for NAMA to flog off all the property.

Joint Oireachtas Committee on Housing, Planning and Local Government: Rebuilding Ireland - Action Plan for Housing and Homelessness: Discussion (Resumed) (27 Sep 2018)

Richard Boyd Barrett: ...crisis in the greater Dún Laoghaire area. At the weekend we had evidence it would not be able to do that because of the approach of the Minister and the Government over the past ten years. NAMA sold it to Hines, a supposed developer, and at the weekend that supposed developer announced it would sell 73 acres of the land. It has walked away with a fortune, although I do not know...

Joint Oireachtas Committee on Housing, Planning and Local Government: Rebuilding Ireland - Action Plan for Housing and Homelessness: Discussion (Resumed) (27 Sep 2018)

Richard Boyd Barrett: Fine, although it was in the newspapers on Saturday, so it is in the public domain. The company bought the Cherrywood land from NAMA at a low price and now it is being flogged, with no houses built. The company is walking away with a fortune and no houses have been built. Does it bother the Minister that land acquired from the State is being flipped and the company will walk away with a...

Confidence in the Minister for Housing, Planning and Local Government: Motion [Private Members] (25 Sep 2018)

Richard Boyd Barrett: .... Do we have alternatives? We have repeated the alternatives ad nauseamfor the last seven years. Build council houses and affordable houses on public land. Stop evictions into homelessness. Use NAMA and its vast resources and land assets to provide public and affordable housing. Introduce rent control so that there can be no profiteering renting. Insert the right to housing into the...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Home Building Finance Ireland Bill 2018: Committee Stage (20 Sep 2018)

Richard Boyd Barrett: ...to profit from the current housing crisis, of which Home Building Finance Ireland, HBFI, is another component. The suite of measures, when taken together, is shocking in the extreme. It includes NAMA's policy for disposal, the local infrastructure housing activation fund, LIHAF, HBFI and the Land Development Agency. When one thinks about how they add up, it is beyond scandalous. The...

Committee on Budgetary Oversight: Priorities for Budget 2019: Irish Fiscal Advisory Council (19 Sep 2018)

Richard Boyd Barrett: ...threats, the housing threat is way beyond any other threat. The council should flag that more strongly. That is incumbent upon a body whose remit is to warn against overheating. For example, NAMA has more or less redeemed all its bonds. Whatever case is made about what it did with its assets up until now, I believe that NAMA continuing to sell off land is contributing to the...

Ceisteanna ó Cheannairí - Leaders' Questions (18 Sep 2018)

Richard Boyd Barrett: ...crisis that the very same people created in the first place, a failed policy that continues with the Land Development Agency initiative, the continued sale by the National Asset Management Agency, NAMA, of public land, including the former John Player Wills factory site, and scandalously section 110 tax reliefs whereby billions of euro is going into the pockets of vulture funds, the local...

Written Answers — Department of Finance: NAMA Operations (11 Jul 2018)

Richard Boyd Barrett: 98. To ask the Minister for Finance if the mandate of NAMA will be changed to become a vehicle for the delivery of public and affordable housing rather than selling land and assets under its control to private investors engaging in these practices in view of the mounting evidence of widespread land hoarding and property speculation and the impact this is having on the housing crisis; and if...

Home Building Finance Ireland Bill 2018: Second Stage (Resumed) (5 Jul 2018)

Richard Boyd Barrett: ...is talking about. That is what will happen. The site values are already referred. We mentioned Cherrywood out in Dún Laoghaire. Hines bought all this zoned development land at a song from NAMA - mistake number one. That is water under the bridge. The Government has passed a whole load of policies that have inflated the value of that land to the benefit of Hines. Hines will...

Ceisteanna - Questions (Resumed): National Economic and Social Council (4 Jul 2018)

Richard Boyd Barrett: ...got some of them out, although some fought it through the Residential Tenancies Board and are still in place. Nonetheless, there are ten empty apartments. Cerberus which bought a block of apartments from NAMA has been sitting on 25 perfectly good empty units for about five years. These are just two examples. Does the Taoiseach think it is a problem? Does he think it is acceptable that...

Urban Regeneration and Housing (Amendment) Bill 2018: Second Stage [Private Members] (3 Jul 2018)

Richard Boyd Barrett: ...it. When the history of this period is written, it will show that following the disastrous crash of 2008, the Government - first of Fianna Fáil but continued by Fine Gael - through the policy of NAMA flogged off vast amounts of land and property assets to speculators who have then speculated on that land, hoarded it and generated the crisis that we now face. I laugh with despair...

Child Homelessness: Statements (28 Jun 2018)

Richard Boyd Barrett: ...Dún Laoghaire's main street. These are just the ones I know about. I have mentioned them three times in here. They are in the hands of Apollo Global Management, a vulture fund which bought them from the National Asset Management Agency, NAMA. It is sitting on eight or nine perfectly good properties that sit there empty; properties in which these families could be living. I...