Seanad debates

Tuesday, 14 December 2021

Finance Bill 2021: Committee and Remaining Stages

 

10:30 am

Photo of Paul GavanPaul Gavan (Sinn Fein) | Oireachtas source

I move recommendation No. 10:

In page 36, between lines 34 and 35, to insert the following:

“Report on the tax treatment and economic impact of institutional investment in the housing market

28.The Minister shall, within six months of the passing of this Act, prepare and lay before Dáil Éireann a report on the tax treatment and economic impact of institutional investors and corporate landlords in the housing market, including their impact on tenure, affordability, property price and rental price dynamics.”.

I am not sure there is much point in rehashing the arguments we had about an hour ago. It is very clear that we are operating along very different ideological lines. Like all our recommendations, this is a very reasonable recommendation. We are seeking a report on the tax treatment and economic impact of institutional investments on the housing market.

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