Last night’s Nine O’Clock News on RTÉ 1
Following yesterday’s budget, landlords who had been able to offset 80 per cent on the interest they incurred on mortgages were told they could now defer 100 per cent.
A 20 per cent increase.
According to the Irish Times:
“The measure is seen as a step by the Government to encourage landlords to stay in the market, amid claims that high tax burdens were forcing them to sell up to owner-occupiers.”
Some Old Queen writes:
‘The landlord mortgage tax relief wasn’t even mentioned in the RTÉ Nine O’Clock News yesterday evening, which is quite extraordinary.’
Yesterday: ‘A Housing Policy Failing To Evolve’