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New Measures Introduced To Prevent Property Investment Funds Buying Up Housing Estates

Changes to stamp duty for the bulk buying of houses and duplexes came into effect overnight.

Purchases of 10 houses or more will now incur a 10 per cent stamp duty rate after the Dáil passed the resolution without a vote.
Opposition parties have said the move doesn't go nearly far enough and won't stop investment funds bulk buying property here.

 

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