"House-buying spree is 'squeezing out' young families from the area, say residents"
"The Irish Rugby Football Union (IRFU) has continued its property buying spree, with its €1m purchase of a two-bedroom house in the square behind the smallest stand in the Aviva Stadium."
"The Sunday Independent has learned that in October the IRFU bought No 11 Havelock Square. The house was put up for sale at €895,000 - meaning the IRFU's winning bid was almost 12pc over the original asking price."
The Irish Rugby Football Union purchased No 11 Havelock Square, a two-bedroom house behind the smallest stand in the Aviva Stadium, for €1m in October. The property had been listed at €895,000, so the winning bid was almost 12% above the original asking price. The purchase continues a series of acquisitions by the IRFU in the area. Local residents report that the buying spree is squeezing out young families and reducing housing affordability. The transaction reflects strong competitive demand for properties near the stadium and is prompting community concern.
Read at Independent
Unable to calculate read time
Collection
[
|
...
]