Shared equity scheme will drive up house prices, says Opposition Houses subject to price cap of €500k in Dublin City and €450k in Dún Laoghaire
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Harry McGee Political Correspondent Listen now 5:15
First-time buyers can also avail of the existing Help-to-Buy Scheme which gives tax relief up to 10 per cent of the property’s value (to a maximum of €30,000)
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The Government’s new shared equity scheme for affordable housing proposes a price cap of €500,000 on apartments, and €450,000 on houses, in Dublin City and Dún Laoghaire.
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Labour lights a fire under housing minister: Reintroduce your own Bill on cuckoo funds or we will
Labour housing spokesperson Rebecca Moynihan said in a video this afternoon that she will re-introduce his Bill “word for word”. By Christina Finn Wednesday 5 May 2021, 8:11 PM 4 hours ago 19,872 Views 36 Comments
Labour Senator Rebecca Moynihan says the government must act urgently.
Image: @RebeccaMo
Image: @RebeccaMo
Updated 2 hours ago
LABOUR HAS MOVED to light a fire under the Housing Minister Darragh O’Brien by calling on him to reintroduce his own 2019 Bill to block cuckoo funds from buying up housing developments.
If the minister doesn’t resurrect it himself as a matter of urgency, Labour said it will.
Irish government policy is incentivising property funds to buy up entire housing estates, say opposition
Round Hill Capital bought 135 homes at a new development in Kildare. By Ian Curran Tuesday 4 May 2021, 3:54 PM 8 hours ago 17,708 Views 51 Comments
Sinn Féin housing spokesperson Eoin Ó Broin today
Image: Leah Farrell
Image: Leah Farrell
SOLUTIONS TO THE issue of global investment funds buying up entire estates to be placed on the rental market can be found in the tax code, Sinn Féin housing spokesperson Eoin Ó Broin has said this afternoon.
Last Sunday, the Business Post reported that Round Hill Capital and its partner SFO Capital, have just inked a deal to buy 135 of 170 houses at the Mullen Park estate in Maynooth in Co Kildare.