Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

Anybody else, who bought a property and gets rent from it pays tax on it. However, these big investment entities can come in, buy lots of property and get extortionate rents, and as long as they do not make a distribution to the investor, they can use the revenue they are generating to buy even more property and jack the rents up even more.

If they hold on to it for five years, at the end of that time they can walk away with all the value of the property. Given the amount of property these vehicles own, that value is probably expanding and expanding.