Upcoming Events

National | Housing

no events match your query!

New Events

National

no events posted in last week

Blog Feeds

Spirit of Contradiction

offsite link The Party and the Ballot Box Sun Jul 14, 2019 22:24 | Gavin Mendel-Gleason

offsite link On The Decline and Fall of The American Empire and Socialism Sat Jan 26, 2019 01:52 | S. Duncan

offsite link What is Dogmatism and Why Does It Matter? Wed Mar 21, 2018 08:10 | Sylvia Smith

offsite link The Case of Comrade Dallas Mon Mar 19, 2018 19:44 | Sylvia Smith

offsite link Review: Do Religions Evolve? Mon Aug 14, 2017 19:54 | Dara McHugh

Spirit of Contradiction >>

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link Public Services Card: Some still forced to comply

offsite link Catholic Church: Dark influence still active Anthony

offsite link Tom Parlon launches new career in comedy Anthony

offsite link Presumption of innocence does not universally apply in Ireland Anthony

offsite link The poor standard of Irish political journalism Anthony

Public Inquiry >>

The Saker
A bird's eye view of the vineyard

offsite link The Russiagate hoax is now fully exposed. Tue Aug 20, 2019 16:24 | The Saker
by Eric Zuesse for The Saker Blog The last leg of the Russiagate hoax to become exposed was on August 16th, when Gareth Porter bannered at The American Conservative, ?U.S.

offsite link Moveable Feast Cafe 2019/08/20 ? Open Thread Tue Aug 20, 2019 13:00 | Herb Swanson
2019/08/20 12:00:02Welcome to the ‘Moveable Feast Cafe’. The ‘Moveable Feast’ is an open thread where readers can post wide ranging observations, articles, rants, off topic and have animate discussions of

offsite link ?Greater Lebanon?: where to? Mon Aug 19, 2019 19:06 | The Saker
by Ghassan Kadi for The Saker Blog Abou Omar, a close friend of mine, is one whom I have so much in common. Not only he was my boss many

offsite link All along the watchtower: The follies of history Mon Aug 19, 2019 14:49 | amarynth
The ultimate American imperial dream is to engineer a Chinese vassal state By Pepe Escobar, from Cambodia – Posted with permission There must be some kind of way outta here

offsite link China Daily investigation: Who is behind Hong Kong protests? Sat Aug 17, 2019 17:47 | The Saker
The China Daily reports: By Wei Xinyan and Zhong Weiping It’s not hard to imagine the United States’ reaction if Chinese diplomats met leaders of Occupy Wall Street, Black Lives

The Saker >>

People Before Profit condemn lobbying activities of US firm on rent controls

category national | housing | press release author Wednesday November 04, 2015 23:27author by pbp Report this post to the editors

The lobbying activity of major corporations like Kennedy Wilson on rent controls should not be tolerated, according to Annette Mooney, the People Before Profit representative in Dublin Bay South.

‘There is a large rental sector in this constituency and we have already come across countless cases where people are being effectively evicted because they cannot pay exorbitant demands for rent rises.

‘Rent controls are clearly needed but we now discover that the global real estate company Kennedy Wilson is using economic leverage to influence Irish state policy.

Kennedy Wilson is a huge US company that has become one of the biggest property owners in Ireland since the crash.

‘This has been a direct result of government policy. This government has given tax breaks to Real Estate Investment Trusts and sees the entry of these global giants into the Irish market place as its answer to a ‘supply problem’.

‘Nama has also entered into a partnership with Kennedy Wilson for a Capital Dock project in Dublin. This has given the company even more leverage to influence government policy.

‘But the supply problem has been caused by the failure of successive governments to control; speculative building activity and by the systematic run down of council house building.

‘At the start of the crash the state was building just over 5,000 social housing units which was already a very low number. Yet today that has declined to just one tenth of that figure.

‘The chickens are now coming home to roast for the Labour Party. Even when they try to introduce small measures such as ‘rent certainty’ they are now faced with lobbying activity from the big corporations that they have encouraged in here.

‘The real answer to the housing crisis is a massive expansion of the social housing programme and the immediate introduction of the type of rent controls that will allow for rent reduction as well as limited rent rises.

A major meeting will be held in the old Fire station in Rathmines to highlight the need for rent controls on Thursday 19th November at 8pm.

Ends

For confirmation: Annette Mooney on 087 6332170

Related Link: http://www.peoplebeforeprofit.ie/2015/11/people-before-profit-condemn-lobbying-activities-of-us-firm-on-rent-controls/
© 2001-2019 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy