Tanaiste Leo Varadkar has insisted the government believes in home ownership as he faced intense scrutiny to put a stop to “bloodsucking” cuckoo funds locking first time buyers out of the market.
Social Democrats co-leader Róisín Shortall described the Government as a “circular firing squad” with Fianna Fáil TDs and Fine Gael TDs blaming each other for the housing crisis after TDs vented their frustrations at private party meetings on Wednesday night. He said former finance minister Michael Noonan had 65 meetings with “vulture funds” and invited them in to “commence the rampage.”
He said: “Your party gave them the tax advantage, your party designed it with the support of Fianna Fáil.“You’ve created this situation where these international investment funds are snapping up family homes and locking first time buyers out of the market and that is the reality.” However, he told the Dáil that investment funds have a role to play, arguing that many high-density developments in Dublin city would not have been built had they not existed.
This Govt, should be building low income housing for young families- and stop this vulture greed
How's the intense scrutiny doing on his criminal investigation and why he is not suspended from government while being investigated is disgraceful if that was an opposition party leader FF and FG would be demanding dismissal or sacking