Fallout from Mullen Park continues as under-pressure government examines tax breaks
Leo Varadkar says further changes to legislation may be required to prevent real estate investment trusts edging out first-time buyers
The political furore is continuing about the purchase of most of the homes in Mullen Park, a new development in Maynooth in Co Kildare, by a global investment property fund with a €1 billion war chest.
Taoiseach Micheál Martin has called it “unacceptable” for investment funds to buy entire housing estates ahead of first-time buyers.
Tánaiste Leo Varadkar has said such a situation was never the intention of his Fine Gael party when it passed ...