Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

Yes. There will be transactions occurring next year that I believe would not have happened but for this change being made. I am trying to get to a point next year where we will have more land being released for development. My objective is to try to maximise residential development. The Deputy is correct that there are people who may have been planning to make a transaction next year anyway who will now do so in a tax environment that will be more favourable to them. Against that, there will be transactions that will occur next year that otherwise might not have occurred.