OscailtIf you are a property speculator, come to DublinGuess where a property speculator can get their best return on investment in the whole world? Dublin. It is unbelievable but true. After chaos wracked on Irish society by the Celtic Tiger property boom, the speculators are back.
A global survey by the research company, MSCI, has found that highest profits can be made in Dublin from buying and selling property.
Capitalists generally expect to get a 10 percent rate of return on their investment in industry. If they want more, they shift to riskier areas such as property speculation.
If they chose their city right, they can get a 19 percent rate of return. But last year, Dublin provided the jackpot with a 44 percent rate of return.
Breaking news: Italian MP, Sgarbi denounces the Statistical Fraud on COVID-19. The speech of the Member of Parliament Vittorio Sgarbi in the session of the Italian Camera, Meeting no. 331 of Friday 24, April, 2020. Vittorio Sgarbi, denounces the closure of 60% of the businesses for 25,000 COVID-19 Deaths, of which the National Institute of Health says 96.3% died NOT of COVID-19 but of other pathologies. That means only 925 have died of the virus. 24,075 have died of other things.2015-06-05T22:59:47+00:00Indymedia Irelandimc-ireland@lists.indymedia.iehttp://www.indymedia.ie/atomfullposts?story_id=105405http://www.indymedia.ie/graphics/feedlogo.gifMore on the housing crisis from An Spréachhttp://www.indymedia.ie/article/105405#comment3003212015-06-05T22:59:47+00:00TThe An Spréach housing activists have a good piece on their website about the ho...The An Spréach housing activists have a good piece on their website about the housing crisis titled: <b>What Housing Crisis? This is a Capitalist Crisis!</b><br />
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<blockquote style='padding: 0.5em; background-color: #CCFFCC;'><em>The housing crisis is a really a capitalist crisis. There are enough housing units for everyone multiple times over. Joe Conlon surveys the Irish housing movement and asks whether squatting is a short-term solution.<br />
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The “housing crisis” we hear about so often in the media is a lie. Capitalism is the crisis; the housing problem is but one side effect of this cancerous system. The housing problem is getting worse and worse. People are forced to live in crappy cramped bed sits, cheap near-condemned B&Bs, live in uncertain rental accommodation, and some are living in a state of limbo in hostels waiting on housing lists (some aren’t even given this privilege). Even as I write this article in the 24 hour internet café on Talbot Street it is 11pm on a Thursday night the café is mainly being used by homeless people, they rent a computer for 1 euro per hour and lay across chairs and the floor trying to sleep.<br />
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No matter what time it is you’ll always find the less fortunate using the café to sleep and get out of the elements. If you walk around Dublin city no doubt you want have to walk long before you find someone sleeping in a doorway or under a bridge. These are horrible conditions in which people are forced to live. If you ever find yourself down on your luck and become homeless there is a good chance if there are no more beds left in a homeless hostel you will be give a sleeping bag for shelter....</em></blockquote><br />
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Full text at the link<br />
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