Real Estate Firm Says The Term "Vulture Fund" Could Deter Foreign Direct Investment.

Thursday, 23 September 2021 09:35

File image: Richard Boyd Barrett/RollingNews

TD: this is an accurate description of some funds.

It's claimed the term 'vulture funds' is offensive and could deter foreign investment in the future.

Real estate firm CBRE says a lack of housing supply is the fundamental issue for the current crisis.

The firm claims the country needs the capital and investment and the label of 'vulture funds' in the media could put potential investors off.

However People Before Profit TD Richard Boyd-Barrett thinks it's an accurate description of some funds in the past

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