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

The stamp duty measure was introduced back in 2021. Does the Minister know that vulture funds purchased more homes last year than they did in 2021? He said the trend is going down every year. That is not true; the figure actually increased in 2022. The 293 homes purchased are homes that people are queuing for and want to have as their family home, their forever home, and vulture funds are buying them up because they have unlimited means. The Minister can splice and dice this any way he likes. He promised he was going to end this practice, which can be ended. Stop tinkering about the edges, and ban it. Stop imposing taxation on vulture funds because they have unlimited means. Does the Minister know why? It is because he provided them with a sweetheart deal. They do not pay any tax on rental income, the €3,000 they rent out the properties for. This is why they can pay the Government's tax. We cannot get away from the fact that hundreds of properties that should be available to families to start off their own homes are being snapped up by vulture funds.
Ban the practice. Stop tinkering around the edges. I hear the Tánaiste is not even considering any other policy bar reviews. The facts speak for themselves.

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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