A Sinn Féin motion on affordable housing passed unanimously in the Dáil tonight after Government ministers failed to move a countermotion against it. The Sinn Féin motion urged the Government that spending on public housing should be doubled to €2.8bn per year. Cabinet Ministers today signed off on new rules to prevent cuckoo funds bulk buying homes, which members of the Opposition have criticised for not going far enough. She said that in three years’ time, the same issue of cuckoo funds bulk buying homes will crop up again, but in relation to apartments instead of houses. These plans have now been parked, and the ban on bulk buying is in effect for the purchase of houses and duplex apartments.

Source: Irish Independent May 18, 2021 20:32 UTC