Dáil debates
Wednesday, 4 October 2006
House Prices.
1:00 pm
Noel Ahern (Dublin North West, Fianna Fail)
The stamp duty rates are set by the Department of Finance and there is no point in us going into that. Generally speaking first-time buyers are more inclined to buy new homes than to buy second-hand ones. When we reduced the rates two years ago it shifted the balance and brought a far greater number of first-time buyers into the second-hand market.
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