So Kieran Mulvey, at a push.
Remember Joe Duffy on the Late Late as USI president wearing his duffel coat.
The COTY award winner should get the Joe Duffy Perpetual Trophy. Joe is a massive cunt who would a contender in any country.
Little did we know
Itās already been named
Is it? After the mighty Joe?
G Ryan. An even bigger Cunt
A fine cunt in his day!
The crutch and the ballymunners
Amo needs to have a word
https://twitter.com/businessposthq/status/1748027816170389706?t=pCOirO_pmwb1YBfqu9BSDg&s=19
Poor Darragh is angry. If only he was in a position to do something about it.
I donāt fully understand the anger around this.
Like, itās obviously bad if you are a potential house purchaser. However, if youāre a renter then extra supply is what is needed to moderate and ultimately reduce rents.
Also, knowing that these can be bulk-sold probably increases the ability to finance developments - again increasing supply and finally thereās a general recognition that itās better to have professional landlords instead of mom and pops.
Seems a mixed bag of pros and cons rather than a straight-out bad thing no?
Indeed, the market will sort out the problem.
Theyāll be rented at the highest of prices and will be sold as soon as the fund hits their target % which could be any timeā¦ Thereās fuck all security renting from big fundsā¦ Itās all short term fixes. At least many buyers would have potentially used them as family homes freeing up other rentable accom
Odd comment. Selling the houses to private owners is āthe marketā too.
Iām concerned at the depth of ideological feeling you have but yet how shallow the reasoning is behind it.
I accept the point that they would be rented at the maximum the market would take (just as theyād be sold at a similar price point). That being said, Iām not sure I agree with you that theyād be sold. A lot of these funds are pension funds that are looking for a steady predictable revenue stream and in many ways are the types of landlords you want. Itās the small time landlords that are selling and evicting tenants on a whim.
Is your last point not a zero sum game? i.e. the main thing that the houses are built and added to supply and then theyāll be used. Whether itās good/bad that they are rented or sold depends upon your perspective or need?
We rented from a fund who said they wanted long term tenantsā¦ Max rent, zero love put into house and they gave us our marching orders after 16 monthā¦ It depends on the fund i suppose. This crowd were buying distressed loans.
Anyway, it worked out for us as they gave us first refusal and didnāt put it on the market. House 5 doors up went for 80k more on the market.
In the end, until we build a hell of a lot more, then itās all circularā¦ Being caught in the rent game is no joke tho.
I def agree with that. Supply solves a lot of problems for both renters and buyers. The rental game is stress city Iād imagine too.
New builds are great but there is a hell of a lot of unused space in Older buildings & more modern office space sitting idle that needs to be properly looked at getting back into functional order to live in too
at this stage it looks like govt polcy is to return us to pre boycott landlordism
Commercial scene looks bad for cafes, restaurants and pubs. Have heard this week about two closing that appeared busy.
Energy and employment costs the issue is both cases.