Government to block investment funds from buying up housing estates

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Move has been agreed between three coalition parties, sources say

However, Ministers and senior officials have been alarmed by reports of entire housing estates being bought up, though there is legally nothing to stop the funds from doing so. One source said the funds were needed for their “original intention” but not for “plucking supply that is already there”.

He said: “It was never intended that they would enter into that part of the market and are taking away properties that could be bought by first-time buyers or upgraders . . . It’s working against the principle of home ownership.” Mr Martin also said that local authorities should not be effectively underwriting investments by property funds by promising long leases for social housing once the developments were complete, as has happened in some cases.

There was some merit in short-term limited leases “but leasing overall long-term doesn’t represent great value”.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

Gov believes they should not be driven out as they play an important role in supplying new builds.. So we ll have an investigation, report, debate, then decide 20 % must go on the market, then continue to pretend Ireland has been sold and we are at the complete mercy of outsiders

Apartments need to be free of these funds and they need to pay tax like everyone else !

Let's see if this will pass as quickly as the rest of the bills watch this space💤

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 3. in TH

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Darragh O'Brien says issue of investment funds buying up estates is 'complex' | JOE.ieIt comes after an estate of 112 houses in Maynooth was purchased by an investment group He had a different tune a couple of days ago, till the heat came on Anyone who believes this nonsense needs their head examined. Pbp & Sinn Fein have been pointing this stuff out for years and ffg have been accusing them of blocking them from building homes. Unbelievable gaslighting!
แหล่ง: JOEdotie - 🏆 31. / 51 อ่านเพิ่มเติม »

Minister for Housing invested €30,000 into real estate investment fund | JOE.ieMinister for Housing invested €30,000 into real estate investment fund The man who couldn’t make money off the surest scam in history. A FF man at that. A Housing Minister at that... Wait, why’s he Housing Minister again? 🤷‍♂️🤦‍♂️ The bizarre thing is he felt the need to say actually he declared it, it's akin to saying 'by the way I complied with the law' as if its a good thing. Its a good indication of how fast and loose they play with the rules. If he had made €500,000 instead of loosing €15,000 would it be in the public domain I don’t think so
แหล่ง: JOEdotie - 🏆 31. / 51 อ่านเพิ่มเติม »

Minister for Housing invested €30,000 into real estate investment fund | JOE.ieMinister for Housing invested €30,000 into real estate investment fund His head is 50% bigger at this time
แหล่ง: JOEdotie - 🏆 31. / 51 อ่านเพิ่มเติม »