In this week’s episode, we take a look at vulture funds. We define what vulture funds are and how they work. We then deep dive into how the vulture funds set in during the 2008 recession in Ireland, how they were welcomed by then government led by Brian Cowen, followed by Enda Kenny. We discuss the links between such investors and the housing crisis and how that impacts the current generation of young adults.
If you, or anyone you know, is affected by the topics discussed in this episode or this lockdown, please visit https://www.citizensinformation.ie/en/housing/losing_your_home/housing_options_for_homeless_people.html for housing information and housing rights in Ireland.
Crisis helplines - https://www.3ts.ie/need-help/crisis-helplines/ Substance abuse helpines - https://spunout.ie/help/service/drugs-alcohol-helpline
Domestic/sexual/other abuse - https://spunout.ie/help/categories/abuse-support-services
Sources -
https://www.irishtimes.com/news/world/asia-pacific/death-of-9-year-old-girl-in-delhi-renews-protests-against-sexual-violence-1.4640470
https://allthatsinteresting.com/templebreedy-church-graves
https://www.investopedia.com/terms/v/vulturefund.asp
https://www.financialjustice.ie/campaigns/debtcampaign/vulture-funds-in-ireland.html
https://www.irishcentral.com/news/irish-election-anger-vulture-funds https://www.irishcentral.com/opinion/others/vulture-funds-damage-irish-society
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