Housing Provision
Dail Éireann — 2026-02-10
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Pearse Doherty (SF), Donegal

The Minister promised us he was going to end this practice. He has just told the House that nearly 300 family homes were bought up by vulture funds last year, and he is going to keep it "under review". Under his watch, the Government is sitting by and allowing vulture funds to buy up family homes, a practice he promised over and over again that he would end. A total of 293 homes that should have been bought by ordinary workers and families last year were snapped up by corporate landlords and vulture funds. What happened to the Minister claiming he was going to stop all of this? When he was Taoiseach, he wrote to the finance Minister saying not enough was being done to stop the bulk-purchasing of homes. He argued that bulk-purchasing of homes needed for first-time buyers could not be tolerated. It appears now that he has tolerated 293 of them being bulk-purchased last year.
The measures are not enough. The measures were in place all of last year. What is the Minister going to do, or is this, again, just something Simon says? I would ban vulture funds bulk-purchasing homes. It should be stopped. It is immoral. There is a crisis that the Government parties have created and the Minister is now facilitating vulture funds to snap up hundreds of homes every single year, and we are supposed to have cold comfort that the trends are going down.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2026-02-10/debate/main
Retrieved: 2026-08-14T04:54:36+00:00
Sitting date: 2026-02-10