Oireachtas Joint and Select Committees

Tuesday, 12 December 2017

Committee on Budgetary Oversight

Revaluation of Local Property Tax and Commercial Stamp Duty: Revenue Commissioners

4:00 pm

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

Even as it stands, based on 2015 prices which in Dublin were less than half what they are now, 52% of households saw a jump of either one band or two. It would be safe to say that, if the CSO figures are correct, property prices have jumped to the extent that the overwhelming majority - we already had a majority in 2015 - will jump at least one band, if not two and, potentially, three. Is that fair to say?

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