So say you did earn a fortune in the next 30 years - that's 20,000 after tax to pay back to the bank.
When you show the bank this on paper does it sink in?
Have you asked them outright where do they think you will get that sort of spare cash to repay? I know the questions might sound childish but we are talking about a bank here.
Here's a differing opinion on the incident to which you refer: http://bocktherobber.com/2012/04/killiney-eviction/
etcWe all rented our properties and with the rent we paid our taxes
Have you stopped to think why they are being evicted from their large, luxury home while they continue to own 20 properties around Dublin, and more in London? Do you really believe that none of their rental properties has been vacant in the 2 years that the possession order has been active, that they could have moved out of their large, luxury home and into the rental property? How come they have been able to manage the mortgages on their rental properties to avoid any repossessions there while leaving their family home mortgage hanging?Has anyone seen the eviction that took place in Dublin on Tuesday or Wednesday of this week. Its was on You tube. Its absolutely terrible whats happening over there. In fact its sad to see. Its like reading about what happened in Famine time when the English Landlords were evicting tenants for not been able to pay their rents. I just couldnt imagine what happened. For a bank to kick out a 71 and a 63 year old couple and yet the government stated that there would be no evictions from peoples homes. What is the world coming to? Its terrible and as Irish we should all be embarrassed for allowing this to happen to humans in our little country. I cant believe that nobody in Ireland is standing up to this and saying enough is enough, this cannot happen again. There must be another solution for people like these apart from kicking them out on the street.
Have you stopped to think why they are being evicted from their large, luxury home while they continue to own 20 properties around Dublin, and more in London? Do you really believe that none of their rental properties has been vacant in the 2 years that the possession order has been active, that they could have moved out of their large, luxury home and into the rental property? How come they have been able to manage the mortgages on their rental properties to avoid any repossessions there while leaving their family home mortgage hanging?
There is nothing in what you say that justifies this couple staying in their luxury mansion at the taxpayers expense.I dont know the full facts of this case, so if ur saying to me that you do and that this is what happened then I guess you're right to complain. But root of the problem stems from the banks handing out money and the regulator and government not enforcing any controls. If we look at the big picture...Anglo will cost you and all the other tax payers in Ireland well inexcess of 45 billion and wait till NAMA closes its doors in the future...well that will be a wake up call for all....100's of billions lost and cover up after cover up. Tell me what has ever happened with the Anglo bankers responsible for the loss of billions of Irish tax payers money.....nothing, absolutely nothing....isnt it amazing that those responsible for the loss of billions of your money dont even make the headlines anymore and yet the small fish, those losing there private homes, getting judgements, finding themselves in court are all making the headlines....and whats even more amazing is that the Irish public are not standing up for themselves but rather just complaining behind the scenes. Its one thing that has always amazed me about the Irish back home....
There is nothing in what you say that justifies this couple staying in their luxury mansion at the taxpayers expense.
I come to that conclusion from that facts that are in the public domain. There is no scenario possible that justifies them staying in their mansion while failing to pay their debts.As i said, i presume u have the full facts and therefore you can come to that conclusion. In any case i dont like to see anyone lose their private home. Dont lose sight of the bigger picture though, where the banks and government of ireland have lost billions of irish tax payer money and no one is being held accountable...take anglo for example, how about AIB....etc...the list goes on and the biggest laugh of all will be NAMA....watch that space....that little couple in Dublin will be well forgotten about when NAMA flood gates open.
In fact its sad to see. Its like reading about what happened in Famine time when the English Landlords were evicting tenants for not been able to pay their rents.
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