On Air Now

K Country

8:00pm - 10:00pm

  • 045 901 490
  • 0833-979797

Now Playing

Dave Lawlor


Affordable Housing Bodied Outbid For Homes 400 Times In The Last Month.

Stock image: Pexels

Investment funds outbidding by €80,000, in some cases.

Investment funds have outbid affordable housing bodies on more than 400 homes in the last month.

The Business Post reports the bodies have been outbid by up to €80,000 per house in some cases.

The government is working on plans to stop international funds buying up completed housing estates.

That could include more than half of units in residential developments being ringfenced for private buyers.

Business Post reporter Killian Woods says first-time buyers are being frozen out at the moment:

Speaking on Sunday afternoon, Lecturer in Housing at Technological University Dublin, Dr. Lorcan Sirr, says funds see the Irish rental market as incredibly lucrative:

More from National News

Stay tuned to Kfm!

Get the Kfm Apps for you phone, tablet or smart speaker...

Kfm Kildare Weather

  • Tue

    Sunny intervals


  • Wed

    Low-level cloud


  • Thu

    Sunny intervals


  • Fri

    Heavy Rain


  • Sat

    Heavy rain shower