Extended stamp duty increase to apartments would stop them being built - Donohoe

Extended stamp duty increase to apartments would stop them being built - Donohoe

Eamon Ryan said he wanted to see an acceleration of schemes such as affordable purchase and rent and that he wanted to see apartment living included as part of the measures.

Paschal Donohoe has said the increased stamp duty for investor property bulk buying does not extend to apartments, because it would stop apartments being built.

There has been unrest from the opposition and some within government that the choice to make the new stamp duty house-only will exclude more single people and young families from the market as investor groups continue to snap up apartment blocks.

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