Following on from
this thread
Please remain civil or posting privileges will be removed
Always best to read past the headline
where purchasers are “strongly recommended” to seek “independent financial and legal advice if applying for this product”
Buyers are also warned the equity they owe may increase if house prices rise.
Standard warnings and it would be amiss of the government not to include all warning in the leaflets.
Or maybe you think people shouldn't get independent financial and legal advice when buying a house?
Like they did in the last boom that was around housing. Remind us where the Regulation was then and what happened after the crash.
Happy Birthday Dempo, I'm only one Guinness down, so I guess I'm a bit late to the party, I was doing some covert ops on O'Brien and Varadkar. Terribly boring stuff, but it has to be done.
🍻🍻🍻🍻🍻🎂
55 down and many more to go, may they be filled with the decline of FFG, in particular their current form, the removal of chumocracy, cronyism and other forms of corruption.. (we can wish).
Have a good one 🤗
Not at all, far from it. Darragh is a good friend of mine, hence why I know when his birthday is.
So are you saying they shouldn’t print warnings? I don’t think that’s very responsible
Why is it not regulated by the Central Bank?
Were warings over Mica. Would not be very responsible to ignore them.
Thanks Suckit, appreciate it 😁
I've read past the headline.
"Like any financial product" yet its not regulated by the Central Bank. That is very strange. Who is it regulated by?
Before I go to bed ,
The most important bit , which may have escaped your attention
The scheme is not be regulated by the Central Bank , but of course we also know what the central Banks opinion on this bizzare scheme is .
Red flags waving All around this before first application even approved.
Night night 😏
Bit of breaking News on that Troublesome ABP Matter .
Curious timing
Night all
The Central Bank of Ireland should be, I am aware of no one else that does.
This could ultimately prove to be extremely costly to taxpayers, because who knows how many planning decisions will now have to be reexamined now, legal proceedings and so on.
At least he resigned pending the outcome of his investigation though.
Belated birthday greeting dempo.
Morning and thank you 😊
It's all very disturbing and I absolutely agree this is going to be costly and very ugly, I've no doubt lawyers being lined up, will we get to the bottom of this is the big question, I find the timing of departure, most curious 😉
I'm reminded of Laurel and Hardy
"Another Fine Mess" 🙄
Indeed. There does be people dropping in the streets of kilcormac every winter.
A, Kilcormac, know it well 😏
The country is in a bad place though. And it’s going to get a lot worse no matter who’s in there. That’s the whole problem.
There are always external factors but its quite clear that FF/FG and their enabler the Greens, are using the tax payer to shore up the private profits of property investors. Its killing the publics chances of home ownership or affordable rentals. The longer it goes on the harder it will be to remedy. It needs to be stopped now. We will be living in a country were our own population are tenants to often foreign investment landlords while the state is forced to subsidies the renting working public. Its a short sighted greedy immoral agenda we find ourselves in. It will be at least another decade before the truth comes out, if ever, as to why FF/FG are really engaged in this behaviour.
Mod - I'm seeing SF mentioned more and more in this thread, think it's time for a reminder to discuss SF in the SF thread.
Likewise discuss FF/FG/Green in this thread and not the SF thread
RTE amazingly ignored this completely on Saturday with Katie (which is usually a good show tbf)
Spent 25% of the programme discussing Boris though
It seems his appointment was a bit questionable also. No surprises who was in charge when he was appointed so.. 🙄
Phil Hogan appointed him and it should also be noted that Hyde is a close pal of Coveney. They once co-owned a yacht.
I knew that and forgot. I know it is mentioned a few pages back. It gets confusing, as FG seem to have a habit of appointing unqualified chums to well paid positions, and have done it so often, one could be forgiven for forgetting which one was which. It's just another rotten appointment gone worse for them, they'll brush it off until some other entitled chum, decides they want (our) easy money too, and FG will create a new position.. Get 10+ years out of it and the sh*t will start to float again.. Like corpses on a dredged lake.
I also get confused, trying to keep up 😁
This March O’Brien appointed Fianna Fáil TD Dara Calleary’s sister-in-law Patricia Calleary to the board of ABP and refuses to discuss the matter .
Meanwhile, pressure building
Seemingly FF planning (no pun intended) to put Darragh front and centre in defence of the Government in the up coming MONC , I'll have my popcorn ready 😏
Meanwhile a supposed good news story as turned somewhat Sour for Darragh (yet again) Paschal perhaps regretting the photo OP 😏
I disagree, not all things are equal, consider the coffee houses of Vienna at the turn of the century (could there be a more egalitarian forum for people to meet and discuss politics), those places that were the hotbed of political and philosophical debates that would go on for hours or days at a time, the kind of places that Karl Marx (may he roast in hell) formulated his manifesto, lesser intellectual brutes such as Stalin were largely responsible for the consequences of implementation though (I suspect Stalin, like Trump, would have been popular on Twitter). These were at lest, places of considered debate and influence, for better and worse, the debates there were considered ones.
Twitter is the McDonalds of political debate to the Vienna coffee houses 12 course fine dining of debate. Do you really want policy formulated over a Big Mac? We live in an era of intellectually shallow fast food politics and it really shows in the bland and banal solutions on offer from the politicians we have that could barely debate their way out of a wet paper bag.
I doubt the 56 people who will get into their homes by the end of the year really care if you think it's a good news story or not.
Or the 80% of the 1,047 houses which will be affordable for people to buy, to those people I am sure it's a great story.
If the opposition had it way, none of them would be built at all. It's a pity that some parties would rather see people living on the streets/hotels etc while they play little games.
As FF have already said, this is a crisis and all the parties should be helping to get houses built, not childish little games to block houses and then gloat when they delay people getting them. Disgusting carry on.
After all, would we be in such a problem in Dublin if DCC built any houses between 2014-2019?
I wil leave you to it, Im sure you will find something else to laugh at people stuck in the middle of the housing crisis. Not sure why anyone thinks it's funny for the people affected
I made no reference to delays although happy to discuss those and who's ultimately responsible for that , my point which you again missed entirely, was Darragh's reluctance to discuss how much buyers will have to pay for social and affordable housing 🤔🤔 a question he's seems adept at avoiding despite all his bluster .
He won't say the price as they are not affordable to the majority of people
File under 'lessons learned', A.K.A. 'we got caught, but we don't do accountability and won't be making any rules stopping it in the future'.
