Firms buying up homes in attempt to secure workers as housing crisis deepens

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A series of companies and small businesses are buying up homes across the country in a bid to ensure that their workers can access accommodation due to acute labour and rental shortages, the Business Post can reveal.

Several companies, who have spoken to the Business Post on condition of anonymity, have described how they have

acquired significant portfolios of homes, which they are either renting to employees at subsidised rates or allowing them to ...

 

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This is problematic on two levels: 1 If your employer supplies your living accommodation, you cannot change job without risking homelessness. 2. Corporate buyers of apartment blocks are preventing workers from buying apartments of their own CostOfLivingCrisis

History,the Pullman Palace Car Company cut more than 2,000 workers and reduced wages by 25 percent. When it did not also reduce rents and other expenses at Pullman, the company town near Chicago where most Pullman workers lived, many workers and their families faced starvation.

Interesting, wouldn't like my accommodation dependent on my employer/manager

I believe Google bought the Ardilaun Court and Strand View apartment developments in Raheny/Killbarack.

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