Dáil debates

Wednesday, 6 March 2024

Ceisteanna ar Pholasaí nó ar Reachtaíocht - Questions on Policy or Legislation

 

12:35 pm

Photo of Simon CoveneySimon Coveney (Cork South Central, Fine Gael) | Oireachtas source

This is a matter for the Minister for housing. I think he acknowledged in a debate in the last number of weeks that he needs to review this number to make sure there is an appropriate disincentive for bulk purchasing of homes. It is important to say that, I think, the figure is about 2% of homes that are being purchased by large investment funds as bulk purchases. It is important that we do not overstate the impact on the supply of homes. Having said that, the Minister has said that he is going to look at this issue and I will ask him to come back to the Deputy with a timeline on when he can make a decision on it.

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