Tuesday June 2, 2020

'Public policy choices to blame for rental mess'

Companies like Ires are reacting to a dysfunctional property market, writes Ian Kehoe

30th August, 2017
Rental market a 'basket case'. Pic: RollingNews.ie

In February 2014, I got a call from Thomas Schwartz. His investment fund, CapReit, was, and remains, one of Canada's largest residential landlords, renting more than 40,000 apartments and houses across the country.

But he was calling me to discuss Ireland. His company had held a series of meetings in Ireland throughout 2013, including talks with Nama, the state's bad bank, in an effort to start buying Irish apartments.

I had speculatively contacted his office a few days...

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