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To: The government

Stop Investors Buying Our Homes

Stop Investors Buying Our Homes

Stop global investment funds buying up entire estates and apartment blocks, depriving families and people of homes, and driving up prices.

1. Scrap investor tax breaks - scrap REIT tax
2. Impose investor tax of 50% on profits
3. Restrict sale of new developments to individual home buyers & not for profits
4. Build public & affordable homes on huge state lands
5. Right to housing in our Constitution
6. Remove land lords ability to evict tenants for sale & no fault evictions

Why is this important?

Housing should be seen as a home not an investment asset. If we don't stop this inequality will worsen dramatically – between those on extremely high incomes who can get a deposit off the bank of mum and dad to buy a home, and the majority stuck in the private rental market transferring their income into wealth for investors, or living in overcrowded housing, resulting in delayed adulthood and independence as they’re unable to leave their parents’ home.
https://www.thejournal.ie/readme/ireland-investment-housing-5428746-May2021/?utm_source=shortlink

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Reasons for signing

  • I live in Australia & we have foreign investors buying up our farming land and properties also bringing up prices for the people who want to buy homes. It’s a dangerous practice I feel. Foreign investors do not have our country’s best interest it’s all about taking over which worries me especially some from countries . They often have very different standards
  • To give are young people and our grand children a change and to stop the rich from getting richer
  • Its time to give house buyers a fair chance to purchase their home without being blocked out of the market by the buying power of global fund investors.

Updates

2021-05-16 13:17:51 +0100

20,000 signatures reached

2021-05-07 21:00:06 +0100

10,000 signatures reached

2021-05-06 20:29:28 +0100

5,000 signatures reached

2021-05-06 16:01:19 +0100

1,000 signatures reached

2021-05-06 12:21:45 +0100

500 signatures reached

2021-05-06 10:44:39 +0100

100 signatures reached

2021-05-06 10:38:04 +0100

50 signatures reached

2021-05-06 10:34:27 +0100

25 signatures reached

2021-05-06 10:32:04 +0100

10 signatures reached