NAMAwinelake tweetz:
How much worse did the housing crisis get in March? Don’t know because Simon Coveney is 10 days late publishing figures…
Meanwhile…
FG: Dublin Council is acquiring houses for €180k a unit, and spending €150k on refurbishment. Meantime, NAMA is selling for €100k. Bonkers.
— NAMAwinelake (@namawinelake) May 10, 2016
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At a wild guess, those ‘houses’ are not comparable in the slightest?
Dublin council is bidding up house prices. Bidding against regular people for properties. So, they’re using taxpayers money against tax payers and helping to keep properties from finding their fair market value.
We simply MUST suffer children living in bins and cars so that the market finds it’s natural, benevolent level.
and they say Murphy getting free legal aid is a waste of tx payers dosh
What the fupp is going on with Nama? Why isn’t a stop being put on it’s activities asap… fupping joke.
NAMA is making money for the hedge-funds and the bondholders
Why don’t Dublin council buy properties from NAMA for €100 each? Simples.
As ever, just follow the MONEY . . .