Vulture funds 'spreading their wings' and snapping up property all across the State

Investment firms are buying homes in Waterford, Cork, Limerick and Galway, the Dáil heard

TDs have raised concerns about investment funds swooping in and gazumping buyers all over the country. Picture: PA

Investment funds are “spreading their wings” across the State at the expense of first-time buyers, the Dáil has heard.

In a tense debate about housing policy at all levels, Taoiseach Micheál Martin also accused Sinn Féin of regularly blocking housing developments at county council level for their own interest.