A Higher Stamp Duty! But Will It Do Much For The Housing Crisis?

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A Higher Stamp Duty! But Will It Do Much For The Housing Crisis?

Last night the Dáil will vote to impose a higher stamp duty of ten per cent on purchases of ten or more houses or duplexes. While it may curb the influence of investment funds in the housing market critics argue it does nothing to address more endemic problems around affordability. For more on this we were joined on the show by Minister for Public Expenditure and Reform Michael McGrath. Listen and subscribe to Newstalk Breakfast on Apple Podcasts or Spotify. Download, listen and subscribe on the Newstalk App. You can also listen to Newstalk live on newstalk.com or on Alexa, by adding the Newstalk skill and asking: 'Alexa, play Newstalk'.

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A Higher Stamp Duty! But Will It Do Much For The Housing Crisis?