Image: Alamy Stock Photo Image: Alamy Stock Photo HOUSING MINISTER DARRAGH O’Brien has had no discussions regarding a number of roadshows which the Opposition state are aimed at attracting more “cuckoo funds” to Ireland.
Minister O’Brien has had no discussions regarding these events and there are none planned with Minister. Sinn Féin president Mary Lou McDonald raised the matter in the Dáil yesterday and asked Micheál Martin to clarify whether he approved of the roadshow.
“Rather, it is one part of a broader targeted engagement with all public and private bodies with a role in financing housing development, with the aim of ensuring an adequate supply of appropriate finance to support the development of additional homes across the State,” they added. “External sources of finance will be needed to bridge the gap between the overall funding requirement to build an average of 33,000 homes each year, and that provided via direct Exchequer funding, State borrowing, Home Building Finance Ireland and the domestic banking sector.
The Government has faced pressure to bring in measures to prevent the bulk buying of houses by cuckoo funds after many individuals and families were prevented from buying homes in new developments.
Caught with your pants down again, seems to be a recurring trend MichealMartinTD
Selling us out every day. Treachery is all they know. Whatever makes them and their mates a few bob and whatever secures them a cushy number after we cop on and get Sinn Féin to kick them all out of office.
All ppl want to know is what is the “reassurance” being given to funds? Not fair to lead public to believe HFA plan will enhance affordability and simultaneously reassure investors prices and rents are going to keep rising. Those things can’t both be true.
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