How It Crumbles

at

This afternoon.

Dublin Castle, Dublin 2.

Housing minister Darragh O’ Brien outlines the government’s mica redress scheme which will be capped at €420,000. Homeowners will be able to receive €145 per square foot on the first 1,000 feet of a property. The total budget

Grants To be Capped At 420,000 In Mica Redress Scheme (RTÉ)

Meanwhile…

RollingNews

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16 thoughts on “How It Crumbles

    1. Jerry

      I agree
      All the companies involved are still trading and in order to trade you must have insurance
      So why have the insurance companies been made pay out also the companies
      But as usual our taxes are a free for all

  1. The Dude

    A good day for people of Donegal, a bad day for the other 25 counties in this state.

    The taxpayer is being screwed over again; €420,000 to build what, a stadium?

    Already individuals have been in the media saying that their 700 square metre house cost €1 million to build, and they want full compensation.

    If there was the prospect of proper regulation emerging out of this, to prevent re-occurance, that would be something positive. But there’s little hope of that.

  2. Niall

    Does this also apply to people whose holiday / 2nd homes are impacted by Mica?
    If so then I have an issue with footing the bill for peoples investment properties.

  3. George

    The companies who made these blocks and are responsible for the whole situation are still out there trading…

    1. GiggidyGoo

      Plus – when they produced the product, they would have to have had insurance. Claims against the insurance that was in force at the time of production should be possible?
      (as in – if I crashed into another car 4 years ago, and it came to court only now, the motor insurance policy I had 4 years ago would be claimed against)

    2. Jerry

      I agree my point exactly George
      All the companies involved are still trading and in order to trade you must have insurance
      So why have the insurance companies been made pay out also the companies
      But as usual our taxes are a free for all
      Remember the banking crash and the auditors who were negligent and the result the crash
      Again they got away with it
      Then the settlements in court for medical negligence
      All insured many doctors paying upwards of €50 grand for malpractice
      Again the taxpayer and no heads roll

  4. Ed

    In all honesty who will be paying for this and how the hell will they get the money ?
    The money tree of course

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