Rory Hearne

@RoryHearne

This is the madness where housing policy has brought us; Poolbeg was state (NAMA) owned land. NAMA sold it to developer Johnny Ronan & US vulture fund Oaktree (but NAMA still involved) Now charge the state €675,000 for 3-bed social housing on the site

Independent.ie Dublin housing delays as Johnny Ronan looks to set price  of apartments…delays — due to a huge disparity in the price that developers are seeking …

Fred must add:  What about inflation and its impact: now, like 1970’s, watch out for the lack of adequate price variation clauses in contracts!!!!