Humphreys: IMF doesn’t understand Irish housing market

Minister of state Kevin Humphreys has accused the IMF of being out of touch after it backed higher property tax bills for householders.

1st February, 2015

There has been an explosive rise in property prices since homes were valued for the property tax two years ago.

This means homeowners will face a huge rise in their bills when they have to revalue their homes in November 2016 for the property tax. Each increase in the house valuation band will cost householders an extra €90 per year.

The IMF believes this will bring in a healthy stream of tax revenue and has warned...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Proposal for expert panel to review capital projects over €100m

State body to reissue €28m office supplies contract

Sinn Féin open to coalition deal, but on condition of border poll

Fine Gael ‘will go to war’ if Bailey runs as independent