Let a small bank fail but protect the big ones? - if this happened you would take out all the other little small banks as well. Anyway it's all 100% guaranteed now!
For instance why doesn't our HSE and Universities buy unsold apartments in suitable locations to use as nursing and student accommodation?
For instance why doesn't our HSE and Universities buy unsold apartments in suitable locations to use as nursing and student accommodation?
It seems to me that what we need in this situation is a little vision and imagination.
It is a more sensible use of public money to have ownership of a property than to pay a landlord for bed and breakfast accommodation.
You are completely missing my point!!! The point is precisely that these houses/apartments HAVE come down in price and if they were to be bought in bulk you would have builders on their knees willing to do deals!
Do you really want the market value of houses to drop dramatically?
Why is it necessary to rub the noses of hard working entrepreneurs in the dirt?
That ll surely help the spirit that the government is constantly harping on about wanting to foster.
I think it's irrelevant whether or not I want prices to go down, the fact is they are going down. There are apartments in Dublin which have been reduced by 100,000 which is a lot on an apartment now costing 320,000.
Apartments are only worth what someone is willing to pay for them
.My point is that it's now a buyer's market
If we also learn the hard lesson that hype and greed always gets it's come uppance then so much the better!
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