Housing

Darragh O’Brien says stamp duty for investors who bulk-buy houses ‘needs to be reviewed’

Housing minister admitted in Dáil that he was angered by the sale of 46 houses in Belcamp Manor estate to an investment fund

Darragh O’Brien, the minister for housing: ‘Whilst it does anger me to see 46 homes sold in Belcamp, that related to planning permission that was granted in 2019.’ Picture: Bryan Meade

Darragh O’Brien, the minister for housing, has said that he is angered by the sale of 46 homes in a Dublin housing estate to an investment fund and that the rate of stamp duty paid by investors that bulk-buy property “needs to be reviewed”.

The comments were made in response to calls from Pearse Doherty, the Sinn Féin finance spokesperson, to hike the rate of stamp duty for bulk purchasers from 10 per cent to ...