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Get out you feckers, Goldman Sacks owns this house now!

  • 13-03-2016 01:15PM
    #1
    Registered Users, Registered Users 2 Posts: 2,492 ✭✭✭


    Over 200 families in Dublin are facing eviction, as their homes look set to be sold to meet debts by a property developer.
    http://www.98fm.com/200-Families-In-Tyrrelstown-Facing-Eviction

    So GS bought the debts and now wants to empty the estate and sell lit. Surely they can't do this?

    Nama, for the people, by the people, of the people. vulture funds at it's best.

    no word from the ptrb


«13456712

Comments

  • Registered Users, Registered Users 2 Posts: 53,267 ✭✭✭✭GavRedKing


    Pedant, its Goldman Sachs.


  • Registered Users, Registered Users 2 Posts: 1,752 ✭✭✭Lights On


    His brother Andrew was always the nicer one.


  • Registered Users, Registered Users 2, Paid Member Posts: 19,910 ✭✭✭✭elperello


    GavRedKing wrote: »
    Pedant, its Goldman Sachs.

    Right first time, sacks of money!!


  • Registered Users, Registered Users 2 Posts: 2,251 ✭✭✭massdebater


    Goldman Sucks


  • Registered Users, Registered Users 2 Posts: 2,492 ✭✭✭stoplooklisten


    GavRedKing wrote: »
    Pedant, its Goldman Sachs.

    Well it'll be sacks you'll be needing to pack up your stuff and get out


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  • Moderators, Education Moderators Posts: 26,424 Mod ✭✭✭✭Peregrine


    So GS bought the debts and now wants to empty the estate and sell lit. Surely they can't do this?

    Sell their property? Why not? :confused:

    As long as they give the minimum notice to their tenants, I don't see the problem.


  • Registered Users, Registered Users 2, Paid Member Posts: 19,910 ✭✭✭✭elperello


    Peregrine wrote: »
    Sell their property? Why not? :confused:

    As long as they give the minimum notice to their tenants then I don't see the problem.

    Yes of course, anyone would think that NAMA was a pro-Bono outfit, but wait!


  • Registered Users, Registered Users 2 Posts: 906 ✭✭✭JohnFalstaff


    elperello wrote: »
    Yes of course, anyone would think that NAMA was a pro-Bono outfit, but wait!

    Well they do seem to have given him a good deal on this hotel he bought off them...

    http://www.businesspost.ie/bono-and-edge-buy-clarence-hotel-in-off-market-nama-deal/


  • Registered Users, Registered Users 2 Posts: 5,746 ✭✭✭Duckworth_Luas


    elperello wrote: »
    Yes of course, anyone would think that NAMA was a pro-Bono outfit, but wait!
    Every time he claps his hands Goldman Sachs steal someones house!


  • Registered Users, Registered Users 2 Posts: 19,166 ✭✭✭✭nullzero
    °°°°°


    Peregrine wrote: »
    Sell their property? Why not? :confused:

    As long as they give the minimum notice to their tenants then I don't see the problem.

    In light of the shortage of housing in this country currently it is understandable why people may feel peeved by this situation.


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  • Registered Users, Registered Users 2 Posts: 75 ✭✭Brindor


    Here comes the money....
    Money Toss
    Here comes the money....
    Money, Money, Money!

    Anyway, as much as it sounds like the actions of a Pantomime Villain, it isn't all that bad.
    Surely, they'll find another place to stay, right ? :)


  • Registered Users, Registered Users 2 Posts: 22,610 ✭✭✭✭kneemos


    Peregrine wrote: »
    Sell their property? Why not? :confused:

    As long as they give the minimum notice to their tenants then I don't see the problem.


    Think they gave them 24 hours or something.
    Don't see why they can't sell them with tenants in place?Saves bother for the new owners.


  • Registered Users, Registered Users 2 Posts: 3,091 ✭✭✭questionmark?


    kneemos wrote: »
    Think they gave them 24 hours or something.
    Don't see why they can't sell them with tenants in place?Saves bother for the new owners.

    Do you have a link to show they only gave 24 hours notice to get out? If they did the tenants don't need to leave and can lodge a claim through the PRTB.
    If they gave full notice then they are perfectly entitled to ask people to leave so they can sell the property as any landlord is.


  • Registered Users, Registered Users 2 Posts: 12,247 ✭✭✭✭BoJack Horseman


    We just need to elect a parliament predominately made up of left wing TD's who can form a government that will put the people first.

    oh wait... that's what we did do!


  • Moderators, Education Moderators Posts: 26,424 Mod ✭✭✭✭Peregrine


    nullzero wrote: »
    In light of the shortage of housing in this country currently it is understandable why people may feel peeved by this situation.

    They can't sell houses because there's a housing shortage?

    Bear in mind that they're selling the houses, not knocking them down. Other people will move in.

    They may be peeved off but, in the end, they rented a house and the owner now wants to sell the house. What can they do?


  • Registered Users, Registered Users 2 Posts: 4,231 ✭✭✭Hercule Poirot


    Lights On wrote: »
    His brother Andrew was always the nicer one.

    Que?


  • Closed Accounts Posts: 19,889 ✭✭✭✭The Moldy Gowl


    Peregrine wrote: »
    They can't sell houses because there's a housing shortage?

    Bear in mind that they're selling the houses, not knocking them down. Other people will move in.

    They may be peeved off but, in the end, they rented a house and the owner now wants to sell the house. What can they do?

    Or the people living there can buy the house.


  • Registered Users, Registered Users 2 Posts: 8,560 ✭✭✭K.Flyer


    Lights On wrote: »
    His brother Andrew was always the nicer one.

    A nice guy, but he knowz nawthing...


  • Registered Users, Registered Users 2 Posts: 19,166 ✭✭✭✭nullzero
    °°°°°


    Peregrine wrote: »
    They can't sell houses because there's a housing shortage?

    Bear in mind that they're selling the houses, not knocking them down. Other people will move in.

    They may be peeved off but, in the end, they rented a house and the owner now wants to sell the house. What can they do?

    A large number of people who rent are unable to afford their own property. These properties will most likely be rented out again at higher rates after being bought as investment properties.
    Rents are far too high as it is and this I would guess won't improve that situation and will leave a lot of people struggling to an even greater degree than they already were to both find and pay for a new rented property, exacerbated in no small part by the competition they will face from each other(persons living in and now being removed from the said development).
    Of course the owner has the right to sell but this situation looks likely to be slightly OTT considering the fact that the tenants could well have been left in place as the properties may likely be bought by investors or even one investor.


  • Registered Users, Registered Users 2 Posts: 22,610 ✭✭✭✭kneemos


    Do you have a link to show they only gave 24 hours notice to get out? If they did the tenants don't need to leave and can lodge a claim through the PRTB.
    If they gave full notice then they are perfectly entitled to ask people to leave so they can sell the property as any landlord is.


    No,talking about it on the wireless though.


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  • Registered Users, Registered Users 2 Posts: 15,102 ✭✭✭✭Kintarō Hattori


    Que?

    The poster was joking as there's a famous actor called Andrew Sachs (Manuel in Fawlty Towers):

    https://en.wikipedia.org/wiki/Andrew_Sachs

    Sachs isn't exactly a common name.


  • Registered Users, Registered Users 2 Posts: 19,166 ✭✭✭✭nullzero
    °°°°°


    The poster was joking as there's a famous actor called Andrew Sachs (Manuel in Fawlty Towers):

    https://en.wikipedia.org/wiki/Andrew_Sachs

    Sachs isn't exactly a common name.

    Thanks for clearing that one up...


  • Registered Users, Registered Users 2 Posts: 11,690 ✭✭✭✭Skylinehead


    The poster was joking as there's a famous actor called Andrew Sachs (Manuel in Fawlty Towers):

    https://en.wikipedia.org/wiki/Andrew_Sachs

    Sachs isn't exactly a common name.

    I believe a "whoosh" is coming your way :D


  • Registered Users, Registered Users 2 Posts: 15,102 ✭✭✭✭Kintarō Hattori


    I believe a "whoosh" is coming your way :D

    *Sigh*......... I haven't had breakfast yet.


    I'm off to make breakfast.



    *note to self......... keep trap shut in future.


  • Registered Users, Registered Users 2 Posts: 2,492 ✭✭✭stoplooklisten


    *Sigh*......... I haven't had breakfast yet.


    I'm off to make breakfast.



    *note to self......... keep trap shut in future.



  • Registered Users, Registered Users 2 Posts: 43,038 ✭✭✭✭SEPT 23 1989


    This will get very messy


  • Registered Users, Registered Users 2 Posts: 19,166 ✭✭✭✭nullzero
    °°°°°


    *Sigh*......... I haven't had breakfast yet.


    I'm off to make breakfast.



    *note to self......... keep trap shut in future.

    Kippers for breakfast?


  • Registered Users, Registered Users 2 Posts: 12,247 ✭✭✭✭BoJack Horseman


    nullzero wrote: »
    Kippers for breakfast?

    Not till the 15th of July


  • Closed Accounts Posts: 2,611 ✭✭✭Valetta


    nullzero wrote: »
    Kippers for breakfast?

    Gotta have them in Texas , where everyone's a millionaire.


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  • Registered Users, Registered Users 2 Posts: 2,492 ✭✭✭stoplooklisten


    Who was the developer? I'm looking but i can't seem to find it


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