Measures to increase homeownership are working – update
The Minister for Housing, Local Government and Heritage, Darragh O’Brien, has published an update on the planning measures he introduced a year ago to increase homeownership and restrict the practice of bulk purchasing by institutional investors. It demonstrates that almost 16,000 residential units have been ring-fenced for individual buyers and restricted from bulk buying or multiple sales to a single purchaser. In May 2021, Ministerial Guidelines for Planning Authorities (“Regulation of…