Second-time buyers ‘increasingly squeezed’ out of new homes market | Business Post

📆 16/05/2022 6:00 a. m.
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The state and investment funds are increasingly squeezing second-time buyers out of the new homes market to a greater extent than first-time purchasers, a new analysis of stamp duty data has shown.

First and second-time buyers are being pushed out of the market by the activity of state and investment funds

Lorcan Sirr, a lecturer and housing policy analyst at TU Dublin, said that both first and second-time buyers are being pushed out of the market by the activity of the state and investment funds, which bought 40 per cent of new homes in 2021.

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