Irish government policy is incentivising property funds to buy up entire housing estates, say opposition – TheJournal.ie

Sinn Féin housing spokesperson Eoin Ó Broin today Image: Leah Farrell Sinn Féin housing spokesperson Eoin Ó Broin today Image: Leah Farrell

SOLUTIONS TO THE issue of global investment funds buying up entire estates to be placed on the rental market can be found in the tax code, Sinn Féin housing spokesperson Eoin Ó Broin has said this afternoon.

Last Sunday, the Business Post reported that Round Hill Capital and its partner SFO Capital, have just inked a deal to buy 135 of 170 houses at the Mullen Park estate in Maynooth in Co Kildare.

The two companies, both headquartered in the UK, also bought 112 homes at the Bay Meadows estate in Hollystown, Dublin 15 last month.

All 250 homes are set to be rented out, raising concerns about the

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