Property industry has learned nothing from the past
Rental freeze proposals aside, the wider issue of negativity towards property developers and companies is driving often rapid policy change
The property industry must be getting the distinct feeling that the generous returns made over the last number of years have come back to haunt it. Not only has stamp duty on commercial property deals gone up twice, costing hundreds of millions of euro a year in additional tax, there is now the prospect that residential rates, the underlying source of income for many funds, could be frozen.
The government may be against the proposed...
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