Political Quote was shocked to learn that Fianna Fail TD Batt O'Keeffe, Housing Minister has told builders to CUT their prices if they want to sell houses!
The developers of this country will be reeling in their mansions at the cheek of the man. "The housing market has probably been driven too much by emotion," and this has led to a "tide of credit" and a hysteria for young people to get on the property ladder" says Batty.
Funny that his government has based our entire economy on building and the tide of credit and now all of a sudden its like this is a bad thing!
The minister is however concerned that a "cartel of big builders in Dublin have simply shut up shop" in the hope that if they wait long enough "the present buyers' market" will end. Currently there are 30,000 houses available in Dublin but if "builders reduce output across the board we will have a problem of availability".
In other words Batty knows that the builders are going to try and control the market to manipulate prices? Surely the bastions of FREE MARKET Fianna Fail and the PDs will take on these rogues?
Don't hold your breath!
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1 comment:
this is a good quote.
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