Skip to main content

Posts

Showing posts with the label property suicides

Property Suicides Leave State Unmoved...

29 property suicides leave State unmoved... Families torn apart by cash crisis Twenty-nine deaths by suicide can be directly linked to the turmoil in the construction and property sector but dozens more deaths among small investors, homeowners and construction industry workers linked to financial despair have gone unreported. David Mellon, of the Irish Property Council believes the human misery inflicted by the collapse in the property and construction industry is incalculable and the Government is doing nothing to protect the sanctity of the family home. He predicted that by the time the economy recovers, hundreds will have taken their own lives because they have been plunged into a financial abyss from which they can see no way out. "We are talking about people who invested in property, people who earned their livelihood from it in many forms; builders, plasterers, plumbers, developers and large and small investors. "They are now facing financial disaster, bankruptcy and de