Plans to deal with investment funds might not be ready for another two weeks, as government considers stamp duty rate hike

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Proposals to deal with cuckoo funds might not be ready for another two weeks

Image: Shutterstock/Derick Hudson Image: Shutterstock/Derick Hudson PROPOSALS TO DEAL with investment funds known as cuckoo funds might not be ready for another two weeks, according to senior sources.

However, there were some critics, such as Sligo-Leitrim TD Marc MacSharry, who said “Fianna Fáil housing policies are Fine Gael light… they are window dressing when we need to renovate the whole house”. Owner occupiers would continue to pay a 1% stamp duty rate, but the rate paid by these funds could be increased significantly to deter them from buying up new and existing housing.

The Taoiseach was in a combative mood yesterday during Leaders’ Questions, defending the Government record on housing, and stating that housing is the number one priority.

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 /  🏆 32. in TH
 

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Planning and zoning, Planning and zoning, Planning and zoneing, needs priority focus with the abundance of prairie land around Dublin. We can do this. MichealMartinTD LeoVaradkar

Government giving investment funds as much time as it can?

In true ffg fashion.... it will be horse shit, like everything else they do.

I bet government will come with some ridiculous solution like building in parks for example. They will rather sink Ireland down than betray their developers friends...

Oh no ,experts on unexpected leave. Wine cellar's low !

🤔😡😠

And whatever comes out won’t tackle apartment hoarding since FFG are happy for the new absentee landlord class to build as many unaffordable shoebox apartments in build to rent schemes so long as it’s in the cities and not in the precious commuter belt. Woo hoo.

Two years

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