Housing
Clampdown on land speculation risks ‘confusion’ at councils, TDs to hear
Local authorities have warned the government that additional staff are needed to implement its Land Value Sharing measures
Local authorities in Ireland have said significant resources are needed to implement the government’s new rules to clamp down on land speculation and warned that a lack of staff could lead to a reliance on private valuations.
Under the government’s new Land Value Sharing bill, which would see the State take a 30 per cent cut of the uplift in value created when land is zoned for residential use, owners of undeveloped land in Ireland ...
