Sinn Féin to table motion on the purchase of houses by investment funds as Dáil returns

It comes just days after 46 out of 54 houses were bought at Belcamp Manor in Balgriffin in Dublin for over €21.5m by an investment fund

Sinn Féin’s housing spokesperson Eoin Ó Broin is to table a Private Members Motion calling on the Government to increase stamp duty to 17% on the purchase of houses by investment funds. Picture: Gareth Chaney/Collins

As the Dáil returns on Wednesday, Sinn Féin are set to put pressure on the Government to deal with investment funds buying up swathes of homes across the country.

Sinn Féin’s housing spokesperson Eoin Ó Broin is to table a Private Members Motion calling on the Government to increase stamp duty to 17% on the purchase of houses by investment funds. At present, the stamp duty on purchases by investment funds is at 10%.