Tag Archives: Property Crisis

Minister for Housing, Local Government and Heritage, Darragh O’Brien (left) and Minister for Finance, Paschal Donohoe TD addressing media at Government Buildings yesterday

This morning.

The Dáil is set to vote today on a proposal to introduce a stamp duty charge of 10% on the purchase of ten or more houses under plans agreed by Cabinet last night.

Via RTÉ:

After more than two weeks of deliberations the Government has moved to change tax and planning laws to prevent big investors buying up housing estates.

The higher charge will also apply where someone acquires ten or more units on a cumulative basis over a 12-month period.

However, it will not apply to those bulk buying apartments, which is the focus for many in the Opposition already.

Dáil to vote on proposal to introduce 10% stamp duty on bulk buying (RTÉ)

RollingNews

Meanwhile…

In fairness.

Meanwhile…