A third amendment to the Residential Tenancies (Amendment) Bill is due in the New Year. On Tuesday 11th December the Government gave the new bill it’s approval however it will first have to go through the Dáil and Seanad before coming into law. Minister Eoghan Murphy issued a statement on the Bill as detailed below.
Economist, Dr Alan Ahearn who called the ‘bust’ in 2007 says today’s housing market is different to the pre-bust period of 2006. He believes that the current market is parallel to that seen back in 2002. https://www.independent.ie/irish-news/news/in-2007-alan-ahearne-called-the-bust-now-he-predicts-whats-coming-next-36901076.html
Paschal Donohue, Minister of Finance, has indicated that there will be no change to the Local Property Tax (LPT) rates until the start of 2020, but what then? LPT came into effect in 2013; this is a self-assessed tax that the homeowner calculates based on the estimated value of their property. Revenue set a number
The 2018 budget was announced on the 10th October 2017, the main changes affecting teh property market are outlined below. IRELAND STRATEGIC INVESTMENT FUND The Minister announced a €750m investment fund to be made available for commercial investment in housing finance. The funds will be made available through a new vehicle to be known as