Richard Boyd Barrett addresses NAMA and the decision to sell state-owned development assets to investment funds, arguing the sale created the current housing crisis and transferred huge public value to private investors. He uses Cherrywood and recent rezoning in Dun Laoghaire as concrete examples to show how taxpayers paid infrastructure while developers reaped profits and drove up prices.
Chapters:
00:00 Opening: NAMA as scandal
00:24 Why the sales were criticised
04:25 Financial arithmetic of NAMA
05:58 Cherrywood case study
09:52 Developers’ failure to deliver
13:58 Rezoning and land value spikes
18:37 Call for public land ownership
🇮🇪 Irish politics in one place! Visit https://videoparliament.ie
📽 Watch speeches by TDs, Senators and MEPs.
🔔 Subscribe, like and share!
Source: Oireachtas (oireachtas.ie), public broadcasts.
We publish material from all political parties — no commentary, no bias. We help you see the full picture and draw your own conclusions. If you spot an error, let us know by email.
Your vote matters!
Credit to : VideoParliament Ireland