Laois TD Calls For Housing Bond Scheme

Laois TD Brian Stanley feels it could be used to discourage vulture funds.

A Laois TD wants to see the introduction of a Housing Bond Scheme. 

The Central Bank says around 47,000 homes are owned in the State by investment institutions and vulture funds, with some 500 of those in Laois.

Independent rep Brian Stanley believes that reality distorts the housing market by driving up prices and pits first time buyers against vulture funds.

He says the capital to fix the problem is there already:

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