If I’ve been keeping track, that’s the equivalent to 2 semi-Ds and half a bedsit in mullingar.
Really though…that’s maybe one medium-sized apartment complex in dublin…is it really news-worthy? This feels very “foreigners bad”
gunnerdrog on
It’d okay once they rent them out right?
Consistent_Goal_1083 on
Not a lot right?
Wompish66 on
That could be a single office building.
hoopla_poodle_noodle on
And yet the cost of my local Chinese takeaway keeps going up? It’s PC gone mad.
Peters_Riley415 on
Not so bad as long as they are not ccp related. However, don’t forget that Hong Kong has become the main hub for illicit trade in the past decade, including to the likes of Iran, Russia and North Korea due to ccp taking it over in violation of their international agreements, which should not have happened until 2047
mrlinkwii on
ok and ?
AodhOgMacSuibhne on
How much do Americans own?
stevewithcats on
So that’s about four 2 bedroom apartments in Dublin City centre?
No big deal
Ronoh on
This is nonsense.
First it isn’t that much. It’s just what? 100 apartments?
The question is if they are.renting them, if they are good or bad landlords. Are they overcharging, discriminating, not fixing the property, etc.
Lazy and bad journalism. Sensationalism.
Internal_Sun_9632 on
Wow, whats that, like 50-60 houses? Slow news day eh?
haywiremaguire on
The commies are coming! All hail the Chairman!
Gnuculus on
The story that is not being told is that they aren’t paying tax on the income and haven’t registered most with the RTB. Hence, the revenue are investigating them. Not to mention the fact that the source of the money is unclear and probably the proceeds of crime.. as a result the IIP programme was shut down.
assflange on
€58m isn’t a lot of money. One French fund bought a single building in Cork for €4m recently. How much to THE FRENCH own in Ireland overall? And what about THE SWISS?
ThegreatKhan666 on
And how much do American own? This is just cheap scaremongering.
AegisT_ on
2 studio apartments and a flat
haywiremaguire on
Look at all the comments going “Only €58 m? Not a big deal”.
Fast-forward 10 years, if no legislation is enacted too curb that: Chinese groups will own 1/3 of Ireland.
Morghayn on
OK, but that’s only worth like 5 family homes in Cavan.
djseshlad on
So what’s that 5 houses?
INXS2021 on
Good for them
-Fancysauce- on
foreign investment should not be allowed unless investing in new developments.
pauli55555 on
That’s not a lot, 58m in property is minuscule so not sure why this would be news?? Slow news day I guess.
biggesteegit on
Can’t believe nobody objects to foreign companies scooping up family homes as a commodity.
Where the fuck is the nexf generation going to live?
Irish201h on
Its insane that non residents are still allowed to buy property here and we’re in a housing catastrophe
Camango17 on
“Hong Kong group has spent more than €58m on Irish property that should only be worth half that”
There… fixed it.
No-Teaching8695 on
SALE SALE SALE
Ireland is for Sale many years now
Fuckin eejits can see the damage yet
TheStoicNihilist on
I, for one, welcome our ~~insect overlords~~ Chinese landlords.
29 commenti
Interesting. Do we own the same there?
58m is not that much.
If I’ve been keeping track, that’s the equivalent to 2 semi-Ds and half a bedsit in mullingar.
Really though…that’s maybe one medium-sized apartment complex in dublin…is it really news-worthy? This feels very “foreigners bad”
It’d okay once they rent them out right?
Not a lot right?
That could be a single office building.
And yet the cost of my local Chinese takeaway keeps going up? It’s PC gone mad.
Not so bad as long as they are not ccp related. However, don’t forget that Hong Kong has become the main hub for illicit trade in the past decade, including to the likes of Iran, Russia and North Korea due to ccp taking it over in violation of their international agreements, which should not have happened until 2047
ok and ?
How much do Americans own?
So that’s about four 2 bedroom apartments in Dublin City centre?
No big deal
This is nonsense.
First it isn’t that much. It’s just what? 100 apartments?
The question is if they are.renting them, if they are good or bad landlords. Are they overcharging, discriminating, not fixing the property, etc.
Lazy and bad journalism. Sensationalism.
Wow, whats that, like 50-60 houses? Slow news day eh?
The commies are coming! All hail the Chairman!
The story that is not being told is that they aren’t paying tax on the income and haven’t registered most with the RTB. Hence, the revenue are investigating them. Not to mention the fact that the source of the money is unclear and probably the proceeds of crime.. as a result the IIP programme was shut down.
€58m isn’t a lot of money. One French fund bought a single building in Cork for €4m recently. How much to THE FRENCH own in Ireland overall? And what about THE SWISS?
And how much do American own? This is just cheap scaremongering.
2 studio apartments and a flat
Look at all the comments going “Only €58 m? Not a big deal”.
Fast-forward 10 years, if no legislation is enacted too curb that: Chinese groups will own 1/3 of Ireland.
OK, but that’s only worth like 5 family homes in Cavan.
So what’s that 5 houses?
Good for them
foreign investment should not be allowed unless investing in new developments.
That’s not a lot, 58m in property is minuscule so not sure why this would be news?? Slow news day I guess.
Can’t believe nobody objects to foreign companies scooping up family homes as a commodity.
Where the fuck is the nexf generation going to live?
Its insane that non residents are still allowed to buy property here and we’re in a housing catastrophe
“Hong Kong group has spent more than €58m on Irish property that should only be worth half that”
There… fixed it.
SALE SALE SALE
Ireland is for Sale many years now
Fuckin eejits can see the damage yet
I, for one, welcome our ~~insect overlords~~ Chinese landlords.