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Government asks AG about legality of ban on housing estate bulk-buys


Government asks AG about legality of ban on housing estate bulk-buys
Darragh O’Brien says tax treatment of investment funds was long-term resolution
about 9 hours ago
Updated: about 8 hours ago
New homes at Mullen Park, Maynooth, Co Kildare. Round Hill, a multinational investment company, is in discussions to buy 115 homes at the development. Photograph: Dara Mac Dónaill
 
The Attorney-General is being consulted by Government to ascertain if its proposal to prevent so-called cuckoo funds from buying up entire housing development in the suburbs will amount to a breach of Constitutional rights on property.
Minister for Housing Darragh O’Brien and Minister for Finance Paschal Donohoe are working on options to address the practise where large international investment funds have moved into the residential housing market. ....

Paschal Donohoe , Newstalk Pat Kenny , Ag Paul Gallagher , Rebecca Moynihan , Finance Paschal Donohoe , Round Hill Capital , Mullen Park , Bay Meadows , Development Acts , Housing Rebecca Moynihan , Thursday Mro Brien , பாஸ்கல் தொனொோே , ரிபேக்க மாய்நீஹாந் , நிதி பாஸ்கல் தொனொோே , சுற்று மலை மூலதனம் , முல்லன் பூங்கா , வளைகுடா புல்வெளிகள் , வளர்ச்சி செயல்கள் , வீட்டுவசதி ரிபேக்க மாய்நீஹாந் , வியாழன் மிறோ பிரையன் ,