Don’t feel too sorry for the buy-to-let brigade
Residential investors knew exactly what they were getting into. Writing off their debts should be bottom of the list of priorities
I remember having a conversation with the late Jim Mitchell in the run-up to the 2002 general election. He was Fine Gael’s finance spokesman at the time, and one of the proposals he had come up with was a plan to compensate shareholders in Eircom who had suffered massive losses on their investment in the privatisation of the state phone company in 1999.
Mitchell's idea would have cost somewhere in the region of ...
