oppenheimer1 wrote: » Even if the reason that they're being kicked out is that they bought apartments left right and centre and secured these loans against a fine house for example? (I do not know the details in this instance, but it does look like quite a luxurious home in a prestigious neighbourhood). However Anglo were a business bank, they did not loan to first time buyers, but developers and the like. That would lead me to believe that there is a lot more to this story than first appears, this is hardly the crowbar brigade. Being old doesn't absolve someone of their responsibilities, in fact it should have the opposite effect and make you more acutely aware of them.
flynnlives wrote: » how do you know they have other properties? seems to be alot of assumptions being made with little or no backup!
Run_to_da_hills wrote: » We need to know the full extent of this situation before we can pass judgements.
My name is URL wrote: » Well, no. If they do own other properties which are generating an income for them and still refuse to pay their mortgage then my opinion would be quite the opposite. Tbh, I just got angry when I seen the old man being forcibly removed from the premises. Maybe that's ageist as some have suggested already but meh. I'm sure the bank will put their newly acquired premises to good use, and not just have it sitting there empty and losing us even more money.
oppenheimer1 wrote: » Which according to RTE is the case in this instance. Brendan Kelly is a former accountant and Landlord so he should have been well acquainted with the consequences of not paying a €2m mortgage. The courts gave a repossession order in 2010 so IBRC have shown incredible restraint. I find it laughable that he likened his situation to the destitute evicted in the 1860's.
My name is URL wrote: » I don't give a fcuk what the details behind it are. Kicking OAPs out of their home is wrong regardless of any semantics.
Freddie59 wrote: » I dunno. It appears that they own several properties, so as someone has already said, I wouldn't necessarily go down the sympathetic route.
My name is URL wrote: » RTE seem to be the only ones to have reported that. And why was this story even reported on RTE? It's certainly out of the ordinary for an eviction to be broadcast on the main evening news. These things happen every day. It's mentioned nowhere on their site either.
MoonDancer wrote: » Wow, are they actually allowed to physically remove people from the property? Not the Gardai now, those people coming to evict the people.
Dubit10 wrote: » Poor feckers will have to move in to one of their other houses. God help them.
Missmiddleton wrote: » feel sick after seeing how that old man was treated. You have to wonder how some of those people sleep at night, are they proud of themselves?