Sinn Féin TD for Cavan-Monaghan, Pauline Tully, has called on TDs in Cavan-Monaghan to support Sinn Féin’s motion to tackle the unacceptable practice of investment funds snapping up family homes.
The motion will be debated in the Dáil later today. This follows the bulk purchase of 85 percent of homes in a new housing development in Dublin by an investment fund.
The local TD said that he purchase of 46 family homes at Belcamp Manor in Balgriffin, Dublin by an investment fund is another blow to struggling first time buyers. Deputy Tully added that this is not an isolated incident, with the Government failing to tackle investment funds snapping up family homes under the noses of workers and families who are and have saved every euro they can to buy their first home.
