Cork evictions: State did nothing when the vultures circled

The selling-on of debts is a fact of life when boom meets bust but there should have been robust protection standards in place to safeguard borrowers and tenants, writes Paul Joyce.

VULTURE funds are centre stage in the news this past week. This is mainly because of the proposed evictions of large numbers of tenants from apartments in Blackrock in Cork City and from a housing estate in Tyrrelstown in West Dublin.

But how did we get to a stage where so many are facing homelessness in an exhausted rental market? Where were the consumer protections?