Irish leader considers tax breaks for developers to increase housing, amid property crash concerns.

Irish Taoiseach Micheál Martin is considering tax breaks for private developers to boost housing supply, focusing on redevelopment of industrial sites in cities. The plan aims to build over 10,000 social houses annually but faces criticism over potential risks of incentivizing investment similar to those leading to the property crash. The government is also reviewing rent policies, considering a "reference rent" system to replace current rent caps, aiming to balance tenant protection with market stability.

6 weeks ago
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