Landlords ‘hoarding’ homes may face new tax
The Minister for Housing is aiming to examine ways to prevent homes lying vacant during the current housing crisis
Darragh O’Brien, the Minister for Housing, is scoping out measures that would tax landlords who “hoard” vacant apartments, the Business Post can reveal.
Last month, a Business Post investigation of new build-to-rent apartment blocks in Dublin found that hundreds of high-end apartments lie vacant.
Following the revelations, O’Brien told this newspaper he intended to examine potential methods to prevent vacant residential properties remaining empty for long periods....
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Permission granted for 226 homes at former Cork hospital
Project is the first by the Land Development Agency in Cork to be granted planning permission
Seven Dundrum apartments leased for social housing have been empty for 17 months
The apartments are costing the local authority an average of €2,000 a month each
No independent valuation for €2k social housing rents
Dún Laoghaire-Rathdown County Council signed 25-year lease on 87 Dundrum apartments for use as social housing without seeking opinion other than developer’s on rent levels
Over 75% of new social homes are bought or leased from builders
Building of public housing by local authorities has dwindled to nearly non-existent levels in our biggest cities, official figures show