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Proposal to use compulsory purchase orders on housing would undermine property rights

patslatt

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Apr 11, 2007
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See High Court Master urges State to 'nationalise' repossessed homes - Independent.ie

CPOs are necessary for acquiring rights of way for public utilities and roads but to extend their use to acquiring private housing or land for social housing would be seen a threat to property rights and investment. If the government can seize private housing or land for social housing, what's to stop it from continuing seizures of all types of properties for popular social causes? Mr Honohan might be upset if the local commune seized his mansion for the homeless!

CPOs of private property would set off alarm bells in the entire private sector. Confidence to invest in housing on the part of small landlords and investors in big apartments would be undermined, creating a major crisis in housing supply. International consultancies to business would question if property rights of multinationals were secure.

The power to CPO private properties can also tempt politicians and developers to collude in seizing valuable urban land on false pretexts of social needs as has happened in the Spanish Costas where politicians have been jailed for such corruption.
 


Killerbank

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See High Court Master urges State to 'nationalise' repossessed homes - Independent.ie

CPOs are necessary for acquiring rights of way for public utilities and roads but to extend their use to acquiring private housing or land for social housing would be seen a threat to property rights and investment. If the government can seize private housing or land for social housing, what's to stop it from continuing seizures of all types of properties for popular social causes? Mr Honohan might be upset if the local commune seized his mansion for the homeless!

CPOs of private property would set off alarm bells in the entire private sector. Confidence to invest in housing on the part of small landlords and investors in big apartments would be undermined, creating a major crisis in housing supply. International consultancies to business would question if property rights of multinationals were secure.

The power to CPO private properties can also tempt politicians and developers to collude in seizing valuable urban land on false pretexts of social needs as has happened in the Spanish Costas where politicians have been jailed for such corruption.


Just as with Facebook, Politics.ie really needs a "Dislike" button too to respond to stuff like the above self-serving posting.
 

Watcher2

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By their very nature, they are what the OP accuses them of being. They are designed to be so, therefore, the OP is empty and meaningless.

But its not PS bashing so there is hope yet.
 

talkingshop

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See High Court Master urges State to 'nationalise' repossessed homes - Independent.ie

CPOs are necessary for acquiring rights of way for public utilities and roads but to extend their use to acquiring private housing or land for social housing would be seen a threat to property rights and investment. If the government can seize private housing or land for social housing, what's to stop it from continuing seizures of all types of properties for popular social causes? Mr Honohan might be upset if the local commune seized his mansion for the homeless!

CPOs of private property would set off alarm bells in the entire private sector. Confidence to invest in housing on the part of small landlords and investors in big apartments would be undermined, creating a major crisis in housing supply. International consultancies to business would question if property rights of multinationals were secure.

The power to CPO private properties can also tempt politicians and developers to collude in seizing valuable urban land on false pretexts of social needs as has happened in the Spanish Costas where politicians have been jailed for such corruption.
That's nonsense. Housing is as necessary as any public utility.
 

Cellachán Chaisil

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Mar 3, 2009
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See High Court Master urges State to 'nationalise' repossessed homes - Independent.ie

CPOs are necessary for acquiring rights of way for public utilities and roads but to extend their use to acquiring private housing or land for social housing would be seen a threat to property rights and investment. If the government can seize private housing or land for social housing, what's to stop it from continuing seizures of all types of properties for popular social causes? Mr Honohan might be upset if the local commune seized his mansion for the homeless!

CPOs of private property would set off alarm bells in the entire private sector. Confidence to invest in housing on the part of small landlords and investors in big apartments would be undermined, creating a major crisis in housing supply. International consultancies to business would question if property rights of multinationals were secure.

The power to CPO private properties can also tempt politicians and developers to collude in seizing valuable urban land on false pretexts of social needs as has happened in the Spanish Costas where politicians have been jailed for such corruption.
You mean they may discourage investment by vulture funds?

What an appalling vista!
 

cozzy121

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May 26, 2009
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5,069
See High Court Master urges State to 'nationalise' repossessed homes - Independent.ie

CPOs are necessary for acquiring rights of way for public utilities and roads but to extend their use to acquiring private housing or land for social housing would be seen a threat to property rights and investment. If the government can seize private housing or land for social housing, what's to stop it from continuing seizures of all types of properties for popular social causes? Mr Honohan might be upset if the local commune seized his mansion for the homeless!

CPOs of private property would set off alarm bells in the entire private sector. Confidence to invest in housing on the part of small landlords and investors in big apartments would be undermined, creating a major crisis in housing supply. International consultancies to business would question if property rights of multinationals were secure.

The power to CPO private properties can also tempt politicians and developers to collude in seizing valuable urban land on false pretexts of social needs as has happened in the Spanish Costas where politicians have been jailed for such corruption.
The "Market" have failed the citizens of this state, allowing the few to gorge themselves on wealth while the many suffer, and you complain that the state should use it's LEGAL RIGHT to CPO areas to use for the good of it's people :roll:
 

Diawlbach

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Ah, I see Ed the Mad has gone off on one. Again.

Banks probably now have a decent grounds to demand he recuse himself.
 

artfoley56

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Banks probably now have a decent grounds to demand he recuse himself.
this is probably the moment that kelly has waited for. edmund to the headmaster's office
 

Hitchcock

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Nov 17, 2012
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See High Court Master urges State to 'nationalise' repossessed homes - Independent.ie

CPOs are necessary for acquiring rights of way for public utilities and roads but to extend their use to acquiring private housing or land for social housing would be seen a threat to property rights and investment. If the government can seize private housing or land for social housing, what's to stop it from continuing seizures of all types of properties for popular social causes? Mr Honohan might be upset if the local commune seized his mansion for the homeless!

CPOs of private property would set off alarm bells in the entire private sector. Confidence to invest in housing on the part of small landlords and investors in big apartments would be undermined, creating a major crisis in housing supply. International consultancies to business would question if property rights of multinationals were secure.

The power to CPO private properties can also tempt politicians and developers to collude in seizing valuable urban land on false pretexts of social needs as has happened in the Spanish Costas where politicians have been jailed for such corruption.
And yet we facilitate the CPO of land within the SDZs precisely to facilitate and indeed encourage private sector development. Funny how mechanisms to facilitate the private sector are deemed fine but the same or similar mechanisms if used to facilitate public housing are bad!
 

Henry94.

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CPOs of private property would set off alarm bells in the entire private sector. Confidence to invest in housing on the part of small landlords and investors in big apartments would be undermined, creating a major crisis in housing supply. International consultancies to business would question if property rights of multinationals were secure.
What would that look like I wonder. Like now?

The power to CPO private properties can also tempt politicians and developers to collude in seizing valuable urban land on false pretexts of social needs as has happened in the Spanish Costas where politicians have been jailed for such corruption
CPO's should be subject to judicial oversight in all cases. As in the case mentioned, abuse should mean prison.

The private ownership model has out-lived its usefulness in Ireland. The system is broken and only state intervention can work.
 

Orbit v2

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Sounded like a bit of an eejit on Marian Finucane's program a while ago (and that's saying sonething). I wouldn't pay much attention to him.
As Master of the High Court, Mr Honohan is not a judge but a barrister who presides over the Masters Court and is concerned primarily with procedural issues and case management.
I see the article is from last December. So, I guess none of the parties took up his idea.
 
Last edited:

firefly123

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By their very nature, they are what the OP accuses them of being. They are designed to be so, therefore, the OP is empty and meaningless.

But its not PS bashing so there is hope yet.
Give him a while ;-)
 

gerhard dengler

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Honahan made the point on a TV program and his point was a bit more nuanced.

He said that legally there is nothing that the state can do about properties which have been repossessed being held vacant indefinitely by the lender.

He said that given the apparent lack of supply - it might be worth examining the possibility of the state acquiring these repossessed properties from the lender through CPO.
That's the context of his remarks, rightly or wrongly.
 

Jim Car

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Of course use CPO's against ordinary people and their homes. Why don they use CPO and take the corrib gas field and it facilities back. build as many house as they won't then.
 

Killerbank

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Honahan made the point on a TV program and his point was a bit more nuanced.

He said that legally there is nothing that the state can do about properties which have been repossessed being held vacant indefinitely by the lender.

He said that given the apparent lack of supply - it might be worth examining the possibility of the state acquiring these repossessed properties from the lender through CPO.
That's the context of his remarks, rightly or wrongly.

MR Honahan also appeared today before the Oireachtas Committee on Housing and Homelessness.
Watch Oireachtas TV , Houses of the Oireachtas

See also comment column in the Sunday Independent on 24th April lst:
Lone 'yes we can' man is out on his own in this world full of 'No' - Independent.ie
 
Joined
Jun 9, 2007
Messages
19,091
See High Court Master urges State to 'nationalise' repossessed homes - Independent.ie

CPOs are necessary for acquiring rights of way for public utilities and roads but to extend their use to acquiring private housing or land for social housing would be seen a threat to property rights and investment. If the government can seize private housing or land for social housing, what's to stop it from continuing seizures of all types of properties for popular social causes? Mr Honohan might be upset if the local commune seized his mansion for the homeless!

CPOs of private property would set off alarm bells in the entire private sector. Confidence to invest in housing on the part of small landlords and investors in big apartments would be undermined, creating a major crisis in housing supply. International consultancies to business would question if property rights of multinationals were secure.

The power to CPO private properties can also tempt politicians and developers to collude in seizing valuable urban land on false pretexts of social needs as has happened in the Spanish Costas where politicians have been jailed for such corruption.

Translation:

"CPOs have been used for decades and decades for all sorts of reasons. I don't like social housing because I am an extreme right wing loon, so I am bringing up the impact upon 'market confidence' of this use of CPOs, but not other uses. I wish Margaret Thatcher was my mummy."
 

Orbit v2

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See also comment column in the Sunday Independent on 24th April lst:
Lone 'yes we can' man is out on his own in this world full of 'No' - Independent.ie
It sounds all fine and dandy in soundbites. But, what is he actually suggesting? He needs to write down the outline of this law he's talking about and the problems might become obvious then - in particular making a strong case why the properties owned by company/organisation XYZ should be CPO'ed, but not those of a different company or individual.

It's easy to make that case when building a road. The road is going through this person's land. There isn't much arguing with that. But, why do you want to confiscate this person or company's property? It's owned by a vulture fund you say? Well what difference does it make who it is owned by in the law? None to speak of.

If he can come up with wording that actually works, I'll (virtually) pat him on the back. But, I won't be holding my breath.
 

GDPR

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The laws and processes around CPO's has been there for quite a while. To give an example, a road project, there's umpteen to choose from. The valuation process goes something like, the NRA wants to buy at agricultural values (as mostly it's agricultural land that is sought to be CPO'd). The farmers want a value of one house per acre or something like it, despite the fact that in most cases, planning permission for a house would never be granted, and the decided value is somewhere in the middle but ultimately he/she who has the best valuer, does best. There is also the value factor of road schemes breaking up landholdings which does make it more difficult for the farmer to farm and loss of earnings from less land. Be in no doubt though that the farmer does pretty well money wise out of all this at the expense of the tax payer.

For social housing, there is a greater need or justification for more use of CPO's for which the owner will be well compensated.
 

GDPR

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Across Europe, the value of land re house price is 10-15%. Ireland despite having one of the lower densities of population, had a figure close to double that. So yeah, we should absolutely continue with the high land prices lark benefiting the very few at the cost of the great majority.
 

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