‘Discriminatory’ rent laws favour overseas funds over private landlords | Business Post

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Property owners’ lobby group told politicians Reits should be subject to a flat 25% tax to level the playing field in the rental sector. donalmacnamee97 reports.

Landlords are being ‘unfairly blamed’ for the shortage of rental accommodation, the Irish Property Owners’ Association has said. Picture: Getty

Real estate investment trusts should be subject to a flat 25 per cent tax to pay for reduced levies on private landlords, a landlords’ lobby group has told politicians. The Irish Property Owners’ Association told TDs and senators there was a “real risk” of an oversupply of housing as a result of policies which incentivise overseas funds to invest in the Irish housing market.

 

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DonalMacNamee97 .... 'a risk of over supply of housing' .... that's it in a nutshell ... the aim is to make housing unaffordable for most people ... keep homelessness at the highest level possible ....

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