Kennedy Wilson is a multi-billion dollar US property company who bought up property and land in Ireland after the financial crash. They did it through the government’s disastrous NAMA scheme, which allowed vulture funds and property speculators to buy land and properties like this one here at Clancy Barracks, which currently has over 190 apartments lying empty. Last night’s RTE Investigates program showed the harrowing experiences of people who are living on our streets – hundreds of people forced to sleep rough every night. We are calling on the government to CPO (compulsory purchase order) these properties immediately, as the Spanish state did in Barcelona. That way, we can house everybody who lives here, whether they’re from Carlow, or Tuam, whether they’re migrants or asylum seekers. There is enough space in this country for everyone to have a home. We need to kick out the vultures. No more profiting from the housing crisis.

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vultures

The Sunday Business Post ran a story claiming that vulture funds who bought up the loan books of Irish financial institutions are likely to step up pressure for payment after the general election.

Councillor Brid Smith of People Before Profit said,

‘The report in the Sunday Business Post is a terrible warning of what is to come. Far from years where we enjoy a new ‘fiscal space’ there is more economic turmoil ahead.

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