Search the record

market will provide. It has involved incentivising landlords and developers to come into the market and making sure they can make as much profit as they need to make. That is the essence of the approach of the Government and what has got us to the point … they can make loads of money, and that if we give a windfall of €20 million to IRES REIT, it will invest more money because it thinks it will be able to make more profits, and then, in the long run, rents will come down. That is effectively

Bill has nothing to do with security of tenure, renters or balancing the rights of renters and landlords. It is about giving a windfall to institutional investors in this country, namely large corporate landlords. That is what it is about. The Government has bought in - hook, line … investors. They are willingly making policy and laws to screw renters and the younger generation so that the institutional investors can make more profit. The Government is happy to stand over that. I mentioned earlier the disconnect from the human misery this Bill is going to bring about