That’s less than €10k per house. And they look really nice. Same are on daft for €103k
How is this possible when there is a housing crisis?
Why aren’t the local Council not buying them for rural resettlement or for the social housing list in Roscommon - even if the locals admit that Ballaghadereen is a social welfare town? If each house were rented out on the rent supplement scheme, the consortium would make profits quickly. Why are ‘vulture funds’ allowed to buy assets for such a low price?
Are the government not serious about housing being a priority?
It’s because the council are are passing up the opportunity of getting cheap social housing that could be rented out to local people, instead we have a vulture fund buying them up dirt cheap in the hope of making a killing later and exporting all the profits to a tax haven.
In the meantime allowing migrants to stay at the taxpayers expense, as well as (presumably) underpaying NAMA (taxpayers) for the properties in the first place.
Nothing at all. wonder if the incessant FOI requester goody-two-shoes-types* will be filing one of them?
No wonder Sir Peter Sutherland was doing the PR to get refugees in, because his buddies in the vulture fund space were going to literally make a killing or two on this transaction, every pun intended. welcome to the money system
According to a report on Newstalk this morning the authorities considered *ninety *other locations (which were found to be unsuitable) before settling on the vacant hotel in Ballaghaderreen…makes you wonder just how bad the others were.
irishtimes.com/news/social-a … -1.2929384 When it closed in 2010 and moss slowly began to creep up the tarmac drive and beak-ins were reported, its empty, boarded-up cavern came to represent the decline of the town during the dark years of recession.
irishexaminer.com/ireland/s … 38248.html Anti-Islamic leaflets have been handed out in Ballaghaderreen ahead of the arrival of some 80 Syrian refugees in the town this month. According to a report in The Western People, a group of four or five individuals, who are believed not to be from the north-west Co Roscommon town, handed out the literature in the town centre on Saturday. The literature makes reference to terrorist groups such as Islamic State and Al Qaeda. It also urges the people of Ballaghaderreen to “preserve freedom in the West” by refusing Muslims entry into Ireland and to “crush them once and for all”.
Some of the hotels, closed and open are housing homeless families
I mean, why would you want to live in a house when you can have a glorified bedsit
best sell those cheap houses to vulture funds before anyone gets ideas