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Thread: Property Developers .

  1. #1
    Politics.ie Member Eurocitizen's Avatar
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    Property Developers .

    [COLOR=black][FONT=Calibri][SIZE=3]Property developers have contributed a lot to the Irish economy, in the good times they acquired a lot of wealth for themselves but they took the risks, it must be also recognised they created wealth for many thousands of ordinary workers involved in the construction industry.[/SIZE][/FONT][/COLOR]
    [COLOR=black][FONT=Verdana][SIZE=3] [/SIZE][/FONT][/COLOR]
    [SIZE=3][COLOR=black][FONT=Calibri]There is no doubt that property developers have become hate figures in Irish society, but are we been a little unfair to all developers.[/FONT][/COLOR][COLOR=black][FONT=Verdana][/FONT][/COLOR][/SIZE]
    [SIZE=3][COLOR=black][FONT=Calibri]I would imagine that there are some decent hard working property developers out there who just took opportunities to make their fortune.[/FONT][/COLOR][COLOR=black][FONT=Verdana][/FONT][/COLOR][/SIZE]
    [COLOR=black][FONT=Calibri][SIZE=3]We also must be careful not to confuse developers with builders as developers do not build.[/SIZE][/FONT][/COLOR]
    [COLOR=black][FONT=Verdana][SIZE=3] [/SIZE][/FONT][/COLOR]
    [COLOR=black][FONT=Calibri][SIZE=3]If you think about it, if it wasn’t for developers Ireland would not have moved forward as a country as regards building a modern Ireland , if we did not have the developers we would not have the builders who have provided thousands and thousands of jobs in the construction industry and the not forgetting the furniture and other supplier industries .[/SIZE][/FONT][/COLOR]
    [COLOR=black][FONT=Verdana][SIZE=3] [/SIZE][/FONT][/COLOR]
    [SIZE=3][COLOR=black][FONT=Calibri]People were happy to see the new shopping centres, the industrial estates, the apartment complexes and housing schemes. They cleaned up the Dublin inner city areas and the same for cork and Limerick.[/FONT][/COLOR][COLOR=black][FONT=Verdana][/FONT][/COLOR][/SIZE]
    [SIZE=3][COLOR=black][FONT=Calibri]So are we unfair to the developers, have they done some good for Ireland?[/FONT][/COLOR][COLOR=black][FONT=Verdana][/FONT][/COLOR][/SIZE]
    [COLOR=black][FONT=Times New Roman] [/FONT][/COLOR]
    [FONT=Calibri] [/FONT]

  2. #2
    Politics.ie Regular Pauli's Avatar
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    "in the good times they acquired a lot of wealth for themselves but they took the risks"


    They did acquire a lot of wealth for themselves
    They hardly took any risks.

    When you basically own the governing party and have the power to instruct that party on industry-related policy once a year in a tent in return for donations supporting the democratic process, there is no risk.
    And even when it all goes tits-up, the same governing party think up a wheeze to get the ordinary Joe to bail out the property developers in an act of grand larceny never before seen on this island.

    Where's the risk??
    Fianna Fail - The Loss of Sovereignty Party.

  3. #3
    Politics.ie Member Eurocitizen's Avatar
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    Quote Originally Posted by Pauli View Post
    "in the good times they acquired a lot of wealth for themselves but they took the risks"


    They did acquire a lot of wealth for themselves
    They hardly took any risks.

    When you basically own the governing party and have the power to instruct that party on industry-related policy once a year in a tent in return for donations supporting the democratic process, there is no risk.
    And even when it all goes tits-up, the same governing party think up a wheeze to get the ordinary Joe to bail out the property developers in an act of grand larceny never before seen on this island.

    Where's the risk??


    To say that the Property developers own the Government party is wrong , bascially you are saying all developers are supporters of one particular party , developers like most others businesses are supporters of the party in power .
    Many developers did take risks and bough land even before the celtic tiger and got lucky . They also paid over inflated prices for land during the boom years .

    It is wrong to say developers have been bailed out as they still must repay their debts .
    Many farmers etc did well from them .

    The risks were immence just look at Sean Dunne and Bernard Mc Namera to mention but two of many .

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    Quote Originally Posted by eurocitizan View Post
    They cleaned up the Dublin inner city areas and the same for cork and Limerick.

    Have you seen Limerick recently? The developers bought big chunks of the city centre Georgian stock which is now sitting there like a complete wasteland . Just one example of the work done. Few decent devlopments done alright but there are large parts of Limericks Georgian heritage just sitting there and will be for quite a while. In Limerick at least they have done as much damage as good in my opinion.

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    Politics.ie Member Eurocitizen's Avatar
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    Quote Originally Posted by deepness View Post
    Have you seen Limerick recently? The developers bought big chunks of the city centre Georgian stock which is now sitting there like a complete wasteland . Just one example of the work done. Few decent devlopments done alright but there are large parts of Limericks Georgian heritage just sitting there and will be for quite a while. In Limerick at least they have done as much damage as good in my opinion.

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    To be honest no I have not been to Limrick in a few years and I must take your word for it which I do.

    I know some developers have destroyed buildings but to be fair I think the majority have done some good .

  6. #6
    Politics.ie Regular Pauli's Avatar
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    Quote Originally Posted by eurocitizan View Post
    To say that the Property developers own the Government party is wrong , bascially you are saying all developers are supporters of one particular party , developers like most others businesses are supporters of the party in power .
    Many developers did take risks and bough land even before the celtic tiger and got lucky . They also paid over inflated prices for land during the boom years .

    It is wrong to say developers have been bailed out as they still must repay their debts .
    Many farmers etc did well from them .

    The risks were immence just look at Sean Dunne and Bernard Mc Namera to mention but two of many .
    CIF-Fianna Fail are like Siamese twins. The Galway tent gained notoriety for the corruption of the democratic process which occurred there. And NAMA is their bailout.
    Fianna Fail - The Loss of Sovereignty Party.

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    Worst troll ever.

    P.
    "Ever tried. Ever failed. No matter. Try again. Fail again. Fail better."

  8. #8
    Politics.ie Member Supermanpolitician's Avatar
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    Eurocitizen: Troll on crack!!!!!!!!!!!!!!!


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    Building houses and selling them to one another does not "create wealth".

    FF have no concept whatsoever of real business and real wealth creation.

  10. #10
    Politics.ie Member Eurocitizen's Avatar
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    Quote Originally Posted by oceanclub View Post
    Worst troll ever.

    P.

    I suggest that you don't post here if you know nothing about the topic .

    It is a genuine debate and there has been contributions from a couple od good posters already who are willing to enter proper debate without abuse .

    So go away.
    Last edited by Eurocitizen; 8th March 2010 at 11:08 AM.

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