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#cuckoo funds

# cuckoo-funds - Thursday 8 July, 2021

Cuckoo funds are said to be playing a role in Ireland's housing market, but what impact are they having?
# Explainer
# Explainer

Cuckoo funds are said to be playing a role in Ireland's housing market, but what impact are they having?

Jul 8th 2021, 7:30 PM 16,419 Views 49 Comments

The Government has come under fire for passing an amendment to allow tax breaks for the funds.

# cuckoo-funds - Wednesday 7 July, 2021

Dáil passes controversial amendment allowing cuckoo funds to avoid 10% stamp duty
# Cuckoo Funds
# Cuckoo Funds

Dáil passes controversial amendment allowing cuckoo funds to avoid 10% stamp duty

Updated Jul 7th 2021, 10:45 PM 87,691 Views 185 Comments

The amendment passed despite Sinn Féin withdrawing from a pairing arrangement.

Morning Memo: Going cuckoo
# Cuckoo Funds
# Cuckoo Funds

Morning Memo: Going cuckoo

Jul 7th 2021, 11:14 AM 6,037 Views 7 Comments

Opposition TDs have accused the government of sneaking in an exemption for big investors.

# cuckoo-funds - Saturday 22 May, 2021

Quiz: How much do you know about cuckoos and vultures?
# Birdbrained
# Birdbrained

Quiz: How much do you know about cuckoos and vultures?

May 22nd 2021, 10:00 PM 32,674 Views 5 Comments

Don’t get in a flap about this.

# cuckoo-funds - Wednesday 19 May, 2021

Dáil approves proposal for 10% stamp duty for bulk purchases of 10 or more properties
# Housing
# Housing

Dáil approves proposal for 10% stamp duty for bulk purchases of 10 or more properties

May 19th 2021, 9:45 PM 15,891 Views 59 Comments

The tax change will be effective from tomorrow.

Donohoe says government's new housing measures will act as 'strong deterrent' to cuckoo funds
# Housing
# Housing

Donohoe says government's new housing measures will act as 'strong deterrent' to cuckoo funds

May 19th 2021, 11:43 AM 10,550 Views 74 Comments

The opposition, however, doesn’t agree and the plans have been described as a “too little, too late”.

Dr Rory Hearne: Investors received a clear message from Government last night - 'keep buying, you're flying'
# Opinion
# Opinion

Dr Rory Hearne: Investors received a clear message from Government last night - 'keep buying, you're flying'

May 19th 2021, 11:40 AM 47,559 Views 51 Comments

The housing analyst responds to last night’s announcement by Government on investment funds and property.

# cuckoo-funds - Tuesday 18 May, 2021

Up to 50% of future housing estates to be set aside for owner-occupiers, Ministers announce
# Housing Crisis
# Housing Crisis

Up to 50% of future housing estates to be set aside for owner-occupiers, Ministers announce

May 18th 2021, 7:41 PM 28,712 Views 111 Comments
  • The new measures will also see the purchase of more than 10 residential houses facing an increased stamp duty of 10%.
  • The higher stamp duty rate does not apply to the bulk buying of apartments by investment funds
  • Housing Minister Darragh O'Brien and Finance Minister Paschal Donohoe outlined the proposals at a press briefing this evening.
Second Cabinet meeting this evening to deal with tax changes for cuckoo funds
# Housing
# Housing

Second Cabinet meeting this evening to deal with tax changes for cuckoo funds

Updated May 18th 2021, 1:41 PM 15,384 Views 45 Comments

The ring-fencing of houses in new developments for first-time buyers, owner occupiers, as well as the issue of stamp duty is being discussed by Cabinet.

Over 25,000 people sign petition calling for government to scrap tax breaks for cuckoo funds
# Housing
# Housing

Over 25,000 people sign petition calling for government to scrap tax breaks for cuckoo funds

May 18th 2021, 7:15 AM 37,894 Views 44 Comments

Cabinet is set to discuss proposals on housing today.

# cuckoo-funds - Thursday 13 May, 2021

Proposals to tackle housing investment funds to go before Cabinet next week
# Housing
# Housing

Proposals to tackle housing investment funds to go before Cabinet next week

Updated May 13th 2021, 12:53 PM 23,607 Views 65 Comments

Depending on what changes are required, and what passage of legislation or amendments are needed, it could take a number of weeks to get changes over the line, say sources.

# cuckoo-funds - Tuesday 11 May, 2021

Ministers meet to discuss cuckoo funds proposals but no definitive timeline yet on crackdown measures
# Housing Crisis
# Housing Crisis

Ministers meet to discuss cuckoo funds proposals but no definitive timeline yet on crackdown measures

May 11th 2021, 8:10 PM 11,387 Views 27 Comments

It could be a “number of weeks” before new measures are announced, say sources.

# cuckoo-funds - Monday 10 May, 2021

Options to deal with cuckoo funds won't be ready for Cabinet tomorrow, but 'suite of measures' ready this week
# Housing
# Housing

Options to deal with cuckoo funds won't be ready for Cabinet tomorrow, but 'suite of measures' ready this week

May 10th 2021, 1:58 PM 12,511 Views 39 Comments

In an interview with The Journal this morning, the minister said he “isn’t ruling anything out”.

# cuckoo-funds - Thursday 6 May, 2021

Govt accused of frustrating 'hopes and dreams' of families as it commits to action on global funds buying housing estates
# Cuckoo Funds
# Cuckoo Funds

Govt accused of frustrating 'hopes and dreams' of families as it commits to action on global funds buying housing estates

May 6th 2021, 1:05 PM 18,777 Views 49 Comments

The Housing Minister has said that proposals could be tabled as early as next week.

Government to support Soc Dems legislation to stop state deals with cuckoo funds
# Cuckoo Funds
# Cuckoo Funds

Government to support Soc Dems legislation to stop state deals with cuckoo funds

May 6th 2021, 9:00 AM 18,510 Views 46 Comments

The legislation, drafted by Social Democrats Housing spokesperson Cian O’Callaghan, will be debated today in the Dáil.

# cuckoo-funds - Wednesday 5 May, 2021

Investment funds buying whole estates is 'undesirable' and the government needs to act, says Leo Varadkar
# Cuckoo Funds
# Cuckoo Funds

Investment funds buying whole estates is 'undesirable' and the government needs to act, says Leo Varadkar

May 5th 2021, 1:52 PM 26,067 Views 67 Comments

Housing Minister Darragh O’Brien says a Bill he introduced in 2019 on the issue is “still valid”.

# cuckoo-funds - Thursday 22 April, 2021

Opinion: Every government has a choice - this one could ban cuckoo funds from buying up Irish homes
# Property Prices
# Property Prices

Opinion: Every government has a choice - this one could ban cuckoo funds from buying up Irish homes

Apr 22nd 2021, 11:02 AM 26,098 Views 72 Comments

Pitting first-time buyers against cuckoo funds is a recipe for disaster, writes Cian O’Callaghan of the Social Democrats.

# cuckoo-funds - Sunday 19 May, 2019

Explainer: What are cuckoo funds and why are people complaining about them?
# Rent
# Rent

Explainer: What are cuckoo funds and why are people complaining about them?

May 19th 2019, 8:15 AM 34,729 Views 38 Comments

Between 2012 and 2018, block purchasers bought 9,291 units in Dublin.

# cuckoo-funds - Tuesday 9 April, 2019

'Cuckoo funds' shutting out first-time buyers and operating tax-free need urgent review, says FF
# Housing
# Housing

'Cuckoo funds' shutting out first-time buyers and operating tax-free need urgent review, says FF

Apr 9th 2019, 3:29 PM 20,242 Views 39 Comments

Corporate investors known as so-called ‘cuckoo funds’ have spent over €1.1 billion on nearly 3,000 residential properties in Ireland last year

# cuckoo-funds - Monday 8 April, 2019

Rent rises to continue as corporate investors spend record amounts on Irish property
# Cuckoo Funds
# Cuckoo Funds

Rent rises to continue as corporate investors spend record amounts on Irish property

Apr 8th 2019, 6:24 PM 18,308 Views 82 Comments

A new report forecasts that rents will rise by 17% in the next three years.