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Investment funds causing exasperation for generation rent – Mary Lou McDonald

TD Mary Lou McDonald said the government should be 'moving heaven and earth to make housing affordable again'.

McDonald told the Dáil that in 2019 six out of 10 new homes in Dublin were taken off the market, and the vast majority were sold to investment funds.

"These investment funds, not alone rob people of the chance to buy their own homes, but they also push up house prices, in some cases by as much as 80,000 euro." Mary Lou McDonald told the Dáil.

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