Tag Archives: Cuckoo Funds

This afternoon.

Boo.

Hiss.

Earlier…

Last night.

Dail Eireann, Dublin 2.

Meanwhile….

Paschal Donohoe claims Ireland need MORE international property funds (extra.ie)

Punch cartoon from the 1800s; This morning’s Irish Daily Mail

Politics Watch tweetz::

Government to invite more vultures and Cuckoo Funds into Ireland to feed on the remains of the carcass of Generation Rent. It’s the ultimate act of betrayal by a Govt against an entire generation. Abhorrent! Unacceptable!

Earlier: How Scarce?

Previously: All Bound For Cuckoo Land

Last night.

The Dail at The Convention Centre, Dublin.

Via RTE:

Micheál Martin said the current tax breaks have to be kept in place to provide social housing for families through leasing properties from these funds.

He said that if the tap was turned off immediately then 2,400 families would lose out on getting a home this year.

Mr Martin added that the future model will focus on direct building, but he said: “The reality is we need more houses.”

He said there would be a move to a new system where the State would ultimately own leased properties but this cannot happen immediately.

Government wins Dáil vote on housing investor tax break (RTÉ)