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 on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ae7c267e9f54b3d9