Dec 12th Bubble News Update
FinFacts: Ghost bidding widespread among estate agents
IrelandOnline: Govt assisting 'property rip-off' - Sargent
SbPost: Data watchdog investigates mortgage brokers
RTE: Dáil told property legislation on the way
Primetime exposé last night uncovered widespread ghost bidding in the Irish property market, where fake bidders are employed by the estate agent for private and public sales to push the price up by at least 10%. Also uncovered was double billing and mis-management by property management companies and housing estates repeatedly left unfinished by developers. Greedy feckers the lot of them. Hopefully some action will be taken, especially against the bidding scams - I want people in jail for this!
I don't have time, but if anyone out there does and can find a way to do it safely, can you set up a 'Name & Shame' website to expose these monsters.
posted by JaneyMackers @ 1:07 pm
1 comments
1 Comments:
worth a read people:
There's 260,000 directly employed in construction and likely another 60,000 in related services. Direct workers are employed on a project by project basis. Average earnings are €40K compared with €31k in industry -but compared with other sectors, there's no worthwhile redundancy payoff to soften the blow of unemployment.
By 2016, there are likely to be 100,000 job losses in the sector.
taken from http://www.finfacts.com/irelandbusinessnews/publish/article_10007747.shtml
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