Cian O'Callaghan (Dublin Bay North, Social Democrats) | Oireachtas source

Is any Cabinet subcommittee examining how investment funds are buying homes? The Government has defended the role of investment funds and their special tax treatment citing the need to attract investment to build new housing. However, new research by Pierce Daly shows that more second-hand homes have been bought up by investment funds than new builds. This pushes up the price of housing as funds compete with individuals and families for a limited supply of housing. The narrative that funds have been mainly involved in financing new builds is simply not true.

Will the Government end the special tax treatment for investment funds?

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