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The calls come amid reports that a US property giant plans to push up rents over current rent pressure zone limits.
The Department of Finance has said the Housing for All plan states that it will engage with institutional investors, including through trade show events.
The Government has come under fire for passing an amendment to allow tax breaks for the funds.
The amendment passed despite Sinn Féin withdrawing from a pairing arrangement.
Opposition TDs have accused the government of sneaking in an exemption for big investors.
Don’t get in a flap about this.
The tax change will be effective from tomorrow.
The opposition, however, doesn’t agree and the plans have been described as a “too little, too late”.
The housing analyst responds to last night’s announcement by Government on investment funds and property.
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.
Cabinet is set to discuss proposals on housing today.
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.
It could be a “number of weeks” before new measures are announced, say sources.
In an interview with The Journal this morning, the minister said he “isn’t ruling anything out”.
The Housing Minister has said that proposals could be tabled as early as next week.
The legislation, drafted by Social Democrats Housing spokesperson Cian O’Callaghan, will be debated today in the Dáil.
Housing Minister Darragh O’Brien says a Bill he introduced in 2019 on the issue is “still valid”.
Pitting first-time buyers against cuckoo funds is a recipe for disaster, writes Cian O’Callaghan of the Social Democrats.
Between 2012 and 2018, block purchasers bought 9,291 units in Dublin.
Corporate investors known as so-called ‘cuckoo funds’ have spent over €1.1 billion on nearly 3,000 residential properties in Ireland last year
A new report forecasts that rents will rise by 17% in the next three years.
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