Arthur Morgan (Louth, Sinn Fein)

On what does the Minister base his claim that the reduction in stamp duty in the budget is causing house prices to reduce? Spokespersons for the auctioneers state that young couples are using the money made available due to the reduction in stamp duty to put deposits on houses. They claim that house prices have increased by several thousand euro as a result. Is the Minister seriously considering measures to reduce the price of houses? Does he prefer high prices because they might suit developers?

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