The stated view of Peadar Toibin, set out yesterday afternoon, is that Ireland should take steps to prevent foreign (meaning, because of the EU’s single market, non-European) people and firms from purchasing Irish properties:
This was in response to a report in the Irish Times by Colm Keena (link in Toibin’s tweet above) setting out that a single Hong Kong investment group now owns Irish property worth at least €58million. These are properties where, in many if not all cases, a foreign investment firm will have out-bid potential Irish buyers for property in their own country.
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