Irish Green Party threatens to quit government over deferral of land hoarding tax aimed at boosting housing.

A Green Party minister in Ireland threatened to leave the government if the land hoarding tax, which charges 3% of the land's market value annually for residential-zoned land not being developed, was deferred. The tax aims to boost housing development amid a housing crisis. The Green Party also plans to increase the vacant homes tax, expand its scope, and create a national register of derelict sites to streamline renovation work and boost town center revitalization.

November 13, 2024
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