State should swoop in to buy vulture fund homes
The financial collapse was a lost opportunity to replenish the public housing stock, but a new opportunity has emerged with the return of stability. This is going to be a gulp moment for the Government, but it needs to feel the fear and do it anyway.
It's time for the State to form a property management company and enter the landlord business.
It can start by buying back housing from vulture capitalists now seeking to make a profit on their investments - ready to take the money and run, as they always intended to do.