boosting supply but supply alone will not solve this crisis. The Government will belatedly find that out in years to come. Ordinary families and ordinary working people should not be pitched against sprawling investment funds and German pension funds when trying to purchase their first home … homeownership but what it is doing here does stack up? We need to see further action on this, we need to go further and we need to be explicit. Investment funds should not be competing with families for family homes and this is another way that Government
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3 in debates · 0 in questions
In debates
adult children want to come home but they are competing with these vulture funds. They are working hard but the odds are stacked against them because of Government policy. Rents in my constituency are on average €2,300 per month. Her kids cannot come home to rent because … rents that are now Government policy. They cannot come home to buy because they cannot compete with vulture funds. Investment funds are buying family homes. Our young people do not have a chance. When the Government says it wants to ban a practice, it sometimes forgets that
position on this matter, or the positions of those of us who might describe ourselves as being on the left. This does not stack up. Hearing comments like that from somebody who has the largest forum in the country from which to pronounce is quite extraordinary … words of the Labour justice spokesperson, Deputy Kelly, "cruel". We all deal day in and day out with applications from family members of people who are here working in our health service, in our financial services system and across the economy who want and require their families here
In parliamentary questions
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