Has Gilmore ever said anything to indicate that anyone should not be allowed to buy and sell land at market rates?
I heard another comment about the deal today that it was an inheritance, it wasn't speculation or anything.
I just thought, would it be wrong if it was speculation?
Obviously the woman has done nothing wrong. But
if she'd bought the few acres for €50k 10 years ago and sold them for €500k would
that have been wrong?
I don't think so either, just buying and selling at the market value as you point out.
I just don't like that Gilmore said it was not his, it was his wife's.
I don't like how others are saying it was OK because it was an inheritance rather than speculation.
Do people know even what's right and wrong?
We've had a lot of dodgy dealings involving bribes for rezoning. We need to separate that in our minds from people actually making an honest profit from property.
This gets me to the main point. Many people think that the profit Gilmore's wife made was wrong precisely because Gilmore, Burton, et al have been very loose in their condemnation of the culprits of the bust.
Bankers, Developers, politicians and property developers have universally all gotten a bad rap.
What we are forgetting is that it's the corrupt and inept that have caused the problems. Development activity and banking are not evil but necessary.
But how often do we hear labour soundbites about speculators, developers and bankers when what they should be focussing on is corruption and stupidity rather than legitimate undertakings.