Report Launch: Vulture Funds, Debt and Housing
Vulture Funds have been a key player in the Global South for years, but more recently their focus on the Irish property market has been a subject of concern closer to home.
The research paper was launched on 4th May and was entitled, 'From Puerto Rico to the Dublin Docklands: Vulture Funds and debt in Ireland and the Global South.'
At this event, Dr Michael Byrne of UCD School of Social Policy who authored the report presented its findings, including the risks posed by vulture funds in the Irish context, the experience of the Global South and the role of the Irish government, including recommendations for next steps.
Tony Romano of the US housing rights organisation Right to the City talked about how tenants in the US have been affected by the vulture funds who have bought their buildings.
David Hall is a founder of the Irish Mortgage Holders Association, a not for profit organisation which aims to facilitate independent mortgage/debt resolution between lenders/creditors and mortgage holders. He talked about his experiences of vulture funds in the Irish context.
Teachers' Club, Parnell Square, Dublin