Housing

Property investors spend €200m bulk buying homes since introduction of stamp duty deterrent

Some investors are paying ten times the normal stamp duty rate to bulk buy homes despite government rules to discourage practice, new figures show

Pearse Doherty: new figures released to the Sinn Féin finance spokesperson by the Revenue Commissioners show that at the end of March 2023, the 10 per cent stamp duty levy was applied to the price of 630 residential units. Picture: PA