I agree. We’ll take it to PM.
Two Guns McCarthy shot Collins
Cc @Funtime
Claire Byrne is going to have Adam Nolan (former Olympic Boxer) on with a ‘warning for us all’ about fire in the home.
He tweeted this a few weeks back. Claires researchers really must operate in the bottom of the barrel
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Claire will be taking on those evil bastards dancing in Salthill as well as talking to a special guest TFK poster, ie someone who thinks the virus doesn’t exist, tonight
Crossy is alright
Verona looking filthy on tv3 there
Niall Collins Minister for Skills. 
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Intel site only opened last week seemingly
It’s like when they gave the lad who couldn’t speak Irish the Gaeltacht ministry
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Shay Healy programme now is some throwback
How long has Sarah MacInerny been on Prime Time? She’s giving Eoin O’Broin plenty of it at the moment
Last month or so is all.
Sarah’s style seems to revolve around continually interrupting whoever is talking
A “vulture fund” buying a whole development seems all sorts of wrong
Mainly when they’re avoiding answering the question or just throwing out nonsense. This a great aul discussion. No idea who the third lad is but he’s been shown up as a buffoon anyway
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Was it a discussion on vulture funds?
Vulture Funds & Affordable Housing
What was the argument in favour of the vulture funds? Or in favour of not banning them
I’d say it’s incorrect to classify these funds as vulture funds. They are typically long terms investors looking for a solid annual return. I’d expect pension funds would invest in these funds. By contrast means vulture funds buy distressed assets, slap them around a bit and sell them for a quick buck.
I would expect that for a developer a sale of multiple houses to a fund is cheaper and easier than a sale of individual units. No agents fees, no show houses, no endless Saturday’s of tire kickers wandering through the show houses. Anything that makes it easier and cheaper to sell houses acts as an incentive to build which in turn should result in the building of more houses. Which is government policy. As between owner occupying and renting. Not everyone can afford to buy and we also have a large transient component in our workforce who will never want to buy here but who have to be housed here. Also our owner occupier model is an outlier in Europe. Ownership of rental properties by funds is common all over the continent. So I’d say there are multiple argument against banning funds.
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