Irish Examiner view: ‘Generation rent’ has been failed again

Government accused of giving green light to vulture funds by excluding apartments from stamp duty measures

The Government may not have expected a popularity bounce after introducing measures to stop investor funds bulk-buying property — but criticism has been especially harsh, sustained, and widespread. And rightly so.

Opposition politicians were joined by analysts yesterday in condemning the Government for failing to apply a 10% increase in stamp duty to apartments and, by doing so, locking in permanent unaffordability to the build-to-rent sector.