Joan Burton (Dublin West, Labour)

Before the summer recess, the Tánaiste was kind enough to say she was prioritising the issue of management companies. As she knows, tens of thousands of young people are paying very high management company fees. She said the legislation would involve three Departments. The Law Reform Commission has reported with its own draft Bill for owner managed companies. When can we expect this legislation? It is a considerable problem for the property market that so many young people are being charged these huge fees by developers and their agents. There is no regulation to protect people from being fleeced.

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