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Cork’s Housing Cash Flow Controversy | Cork News
Cork City Council spent nearly nine million euros on social housing — but almost 20% went to for-profit firms, including overseas entities and mortgage-to-rent operators. Critics question whether taxpayer money is being wisely used when private companies profit from leasing back properties, especially amid a worsening housing crisis. While the council defends its due diligence and cost comparisons, the trend reflects a national shift toward privatizing housing solutions — turning shelter into a commodity and raising alarms about long-term stability and equity. Listen in comfort:Get a discount…
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