Government to oppose Sinn Féin motion to increase stamp duty for investment funds bulk buying homes
by Top_Possession_8099
Government to oppose Sinn Féin motion to increase stamp duty for investment funds bulk buying homes
by Top_Possession_8099
17 comments
I’m glad to see that the elected Government has stopped jumping every time SF proposes some new knee-jerk intervention in the housing markets. Take the time to figure out what went wrong, and make changes only once they have been thought through and you are sure any change wouldn’t cause any unintended impact.
Why are investment funds allowed to bulk buy homes in the first place?
Yeah look at other countries like Singapore that do similar and look where it got them…,………
If Sinn Fein offered a realistic plan to bring back Jesus Christ and settle him in Ireland, the government would oppose it. I’m no fan of SF, but the autohate reaction is childish.
Anything I don’t like is “populism”
And for those who’ll say “If an investment fund buys a home and rents it out, what’s the harm?”, the harm is that these wealth funds are competing with home buyers, driving the prices up, and making endless profits from need.
You buy a home, the money is going into your own pocket; you rent, your money’s going into the landlord’s pocket, now and forevermore, through many rent rises.
Can anyone explain why they would possibly oppose this? Is it only due to Sinn Fein proposing it? I can’t see a reason why.
Well folks the government has someone else’s interests at heart.
Sinn Fein in the membrane, Sinn Fein in the brain!
Shouldn’t even be talking about a stamp duty increase. The talk should be about an outright ban on bulk buying of properties for housing to just rent them out.
Jesus will someone grow a pair to actually tackle this head on.
When is the election? We need them gone.
Absolute traitors. No wonder the young are leaving in their droves
It’s a well laid trap by Sinn Fein that the government walked straight into. Shows who’s side the government really cares about. Roll on the election!
It makes sense to people whose sole experience of housing is 2017-2024 in Ireland, but in any other period of time in Irish history this is completely unnecessary.
Once we have enough property the market self regulates. Supply is the only resolution.
“He cant buy, she can buy, they definitely cant buy but that lad can buy if he does this, this and this” is a load of bollocks.
Call me crazy but I imagine any stamp duty increase will just lead to these investment groups increasing the cost to rent these to compensate for the increased duty.
Just ban the practice entirely
Where’s our arsonists when we really need them?
Burn. Them. All. 👹