Kavanagh claims Central Bank ‘redesigning Irish society’
Developer accuses Philip Lane of turning Ireland into ‘land of renters’
Property developer Greg Kavanagh has written to the governor of the Central Bank accusing it of “redesigning Irish society” to turn it from a country of homeowners into a nation of renters.
Kavanagh, who was nicknamed Ireland’s property ‘Ronaldo’ for his foresight in snapping up land during the crash, wrote a four-page letter last week to Philip Lane, the governor of the Central Bank.
Kavanagh told Lane that other European countries had developed property...
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