There's something deeply deeply disturbing that Irish homes are now traded on global stock markets - as commodities like stocks & shares.
As more people have to rent- rents rise -profits rise -share prices rise.
Purpose of housing warped into maximising shareholder returns
So another kick to local democracy? Dublin City Council Planners try to put restrictions on the proliferation of low housing standards through build-to-rent but are told they are against national policy....Investor funds run our policy now
https://t.co/8MVAiXMrgC via @IrishTimes
I've thought a lot about this recently. There were 3000 officially recorded evictions of tenants last year (at a minimum) (using RTB Notice To Quit data). When was the last time in our history as many tenants were evicted in Ireland?
For any historians out there @irishhistory
In light of the gvmt showing us how easy it is to manipulate the market with the new minimum alcohol pricing, here is a map I, a lowly tenant of Ireland, have made proposing maximum rental rates per 1bdr in each county #ItDoesntHavetoBeDaft#HousingCrisis
There’s a major split in the Irish economy, between housing and the wider productive economy. Housing has become utterly disconnected from the real economy. It is a site of speculative and predatory financialised investment. My op-ed @irishexaminer
https://t.co/gS1Y7WiVwA
The dominance of international institutional equity funds in the Irish housing system now means that the housing market is no longer about the demand for and supply of housing, but the demand for and supply of investment assets.
Make no mistake about it every single one of us are now being punished due to the government’s blatant fucking incompetence in managing in our healthcare system
Rolling a rollie outside Connolly is an extreme sport, frantic to get it done before some fucker saunters up and stings one for him and 5 for his pals off ya.
Wouldn’t be me to wear a white t-shirt to work when I brought spaghetti bolognese for lunch, adding to the fact I really do need to wear a bib whilst eating 🙃