Skip to main content

To: Val Issuer Dac and the Government

Support Tenants Against Vulture Funds

Support Tenants Against Vulture Funds

We call on Seán O'Sullivan and Val Issuer DAC to withdraw the eviction notices and desist from attempting to remove tenants from South Richmond Street (Dublin 2) Grove Park (Dublin 6) and Rosedale Terrace (Dublin 8).

Further, we call on Housing Minister Eoghan Murphy and the Government to:

1) Immediately enact the 2018 Anti-Eviction Bill.

2) Close Tax Loopholes like Section 110 that are used by investors to avoid tax liability in Ireland.

3) Regulate to ban REITs, vulture funds and other predatory investors from the Irish market and take their housing stock into public ownership as public housing and/or state administered mortgages.

Why is this important?

Val Issuer DAC are a vulture fund operating in Dublin, attempting to illegally evict over 80 rent paying and law-abiding tenants, including 20 children, for profit.

This case involving Val Issuer DAC is horrendous but sadly representative of a much deeper crisis of evictions across the country. Evictions like those being pushed by O'Sullivan and Val Issuer DAC are the biggest factor driving people becoming homeless in Ireland. To stem the tide, People Before Profit - Solidarity TDs tabled an Anti-Eviction Bill in 2018 to ban evictions into homelessness by closing loopholes like the infamous "reneviction" clause of the Residential Tenancies Act. This bill was voted through two stages in the Dáil by majority and should be enacted into legislation but the Government has stalled it using anti-democratic procedures - just like they have with 65 other pieces of legislation brought by opposition TDs.

First and foremost we are calling on Val Issuer DAC to drop the evictions of tenants from South Richmond street, Grove Park and Rosedale Terrace.

We also call on the government and particularly, Housing Minister, Eoghan Murphy to take action to properly address the epidemic of evictions, particularly by vulture funds, accordingly, we demand:

1) Immediately enact the 2018 Anti-Eviction Bill.

2) Close Tax Loopholes like Section 110 that are used by investors to avoid tax liability in Ireland.

3) Regulate to ban REITs, vulture funds and other predatory investors from the Irish market and take their housing stock into public ownership as public housing and/or state administered mortgages.

Ireland

Maps © Stamen; Data © OSM and contributors, ODbL

Categories


Reasons for signing

  • To stop homelessness

Updates

2019-08-13 16:15:36 +0100

1,000 signatures reached

2019-08-08 14:36:43 +0100

500 signatures reached

2019-08-07 20:25:13 +0100

100 signatures reached

2019-08-07 19:15:16 +0100

50 signatures reached

2019-08-07 18:56:37 +0100

25 signatures reached

2019-08-07 18:31:23 +0100

10 signatures reached