Massive increase in homelessness looms on the horizon, as vulture funds are poised to seize thousands of properties off people whose mortgages have fallen into arrears – TheLiberal.ie – Our News, Your Views

Massive increase in homelessness looms on the horizon, as vulture funds are poised to seize thousands of properties off people whose mortgages have fallen into arrears




The scourge of homelessness across Ireland is set to increase dramatically as vulture funds move in to take homes off people whose mortgages have fallen into arrears.

Up to 18,000 families may soon find themselves on the street as the Government looks on and prepares to enjoy a brand new, taxpayer-funded gym facility.

Vulture funds usually adopt a ‘take no prisoners’ approach in their home seizing operations, meaning that they want properties to be vacant.

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