Time to make the deterrent an actual deterrent. We will never get on top of housing price inflation as long as institution investors buy up so much.
The stamp duty is nothing to them. Just the cost of doing business. It’ll be added to the rent they charge anyway.
€200 million on 630 homes is a laughably small story. It’s such a small proportion of housing as to be irrelevant.
Interesting, the earlier article is back up after it was pulled from multiple publications this morning.
Anyone know who threw their toys out of the pram and had it pulled??? Govt or The Fund?
Killian Woods is doubling down. I feel like there is a huge story coming.
ThE MaRKetS aRe WorKInG
Why do we have clown running the government
Pay X for houses. Charge Y for rent. Make profit.
It doesn’t matter how much X is, they will just increase Y to make their money.
There should just be an outright ban on any non charitable entity buying houses
This type of shit is absolutely unacceptable. At this time ? In a housing crisis ? No.
should there not be a law that you cant buy a house in this country unless you have a ppsn number and are actually resident in the country?
Just a reminder, these funds used to be exempt from paying stamp duty. That was the policy of our government.
Time to set quotas as to the amount these corporate landlords and buy up and then tax the box off em
Don’t get a bollox about Ukraine or Palestine.
This is what we should be paying attention to , infuriating.
Making houses prices 450 thousands a pop, puts them out of most people’s reach. Only big fund companies can afford to buy them once built. It’s a win win for the government and their very rich buddy’s. Not to mention the builders and the banks. As I’ve said before, it’s a big club, and you’re not In it.
Leo reading thos post. Yes I am. Evil laugh.
€200m is about 600 homes. We apparently built over 30,000 last year. Suggests the deterrent is working really.
We are so fucked.
I imagine the government get a shock when the steaming hot coffee they drink ends up burning their mouth.
I mean if they’re going to be buying houses then may as well make a few quid from it, not that bad of a news story this.
The government still allowing billion euro hedge funds to buy our housing estates shows who they really work for.
The hedge fund managers are delighted with a 20% return, and they can make that just by renting to houses out, let alone appreciation as they buy more and more estates restricting the supply.
How about stamp duty is free on your first, double on your second, triple on your 3rd and it goes on and on. Sickens me how these cunts are getting away with ruining everyone’s quality of life to boost their egos by watching their bank accounts grow.
You will own nothing and be happy. Do you think they are joking 😂
20 comments
Time to make the deterrent an actual deterrent. We will never get on top of housing price inflation as long as institution investors buy up so much.
The stamp duty is nothing to them. Just the cost of doing business. It’ll be added to the rent they charge anyway.
€200 million on 630 homes is a laughably small story. It’s such a small proportion of housing as to be irrelevant.
Interesting, the earlier article is back up after it was pulled from multiple publications this morning.
Anyone know who threw their toys out of the pram and had it pulled??? Govt or The Fund?
Killian Woods is doubling down. I feel like there is a huge story coming.
ThE MaRKetS aRe WorKInG
Why do we have clown running the government
Pay X for houses. Charge Y for rent. Make profit.
It doesn’t matter how much X is, they will just increase Y to make their money.
There should just be an outright ban on any non charitable entity buying houses
This type of shit is absolutely unacceptable. At this time ? In a housing crisis ? No.
should there not be a law that you cant buy a house in this country unless you have a ppsn number and are actually resident in the country?
Just a reminder, these funds used to be exempt from paying stamp duty. That was the policy of our government.
Time to set quotas as to the amount these corporate landlords and buy up and then tax the box off em
Don’t get a bollox about Ukraine or Palestine.
This is what we should be paying attention to , infuriating.
Making houses prices 450 thousands a pop, puts them out of most people’s reach. Only big fund companies can afford to buy them once built. It’s a win win for the government and their very rich buddy’s. Not to mention the builders and the banks. As I’ve said before, it’s a big club, and you’re not In it.
Leo reading thos post. Yes I am. Evil laugh.
€200m is about 600 homes. We apparently built over 30,000 last year. Suggests the deterrent is working really.
We are so fucked.
I imagine the government get a shock when the steaming hot coffee they drink ends up burning their mouth.
I mean if they’re going to be buying houses then may as well make a few quid from it, not that bad of a news story this.
The government still allowing billion euro hedge funds to buy our housing estates shows who they really work for.
The hedge fund managers are delighted with a 20% return, and they can make that just by renting to houses out, let alone appreciation as they buy more and more estates restricting the supply.
How about stamp duty is free on your first, double on your second, triple on your 3rd and it goes on and on. Sickens me how these cunts are getting away with ruining everyone’s quality of life to boost their egos by watching their bank accounts grow.
You will own nothing and be happy. Do you think they are joking 😂