Vierzehn Haushalten wurden Räumungsbescheide für Häuser in Killarney zugestellt, die einem Investmentfonds gehörten

Multinational investment firms need be excised out of the housing market.

There’s a very deliberate price manipulation going on with those vultures buying everything above price to then rent it out for whatever they feel like. And since they are the only ones with any significant stock they dictate the market.

The private house owners who are happy to see their own investment increase in value will be shafted next… the policy they voted for will bite them in the ass soon enough.

Once they start selling at volume themselves in any significant number (preparing for retirement, downgrading to a smaller home etc) all the money will dry up and suddenly they’ll be getting offers at the real fair market value.
Then the market crashes, big money buys houses for cheap, starts manipulating the prices to go up again and increases rent.

The best thing is, they don’t even need to coordinate in some dimly lit backrooms, they just need to know what’s good for them and their „competitors“ to carve up the whole market.

The sooner we make it so businesses cannot own housing the better, give them the same amount of time tennents have to be evicted so they can leave the market and fuck them if they cant do it. I’m luckily not affected by a housing shortage but fuck this sickness!
If you own a home, you can own a rental or two or ten, but if you’re not living and paying tax here you can’t own a residential property, end of.
Air BnB should pay local rates as well as property tax and they cant be bought and sold within a set time frame, say 2 years.
Its infuriating to think some cunt based in a London board room is deciding the fate of families housing here and skiving their taxes in fucking Cyprus…