It could be weeks before emergency legislation is in place.
The Finance Minister Paschal Donohoe is defending the Government's housing policy.
There's growing pressure on Cabinet to tackle investment funds buying up Irish housing.
A recent purchase was that by Round Hill Capital, which paid €53 million for 135 out of 170 homes in Mullen Park, Maynooth.
Senior Ministers met yesterday but it could be weeks before emergency legislation is in place.
Ministers meet to discuss cuckoo funds proposals but no definitive timeline yet on crackdown measures https://t.co/EnhT2snMb0
— TheJournal.ie (@thejournal_ie) May 11, 2021
A Sinn Fein motion on the issue was debated in the Dail last nightL
#OireachtasTV - watch continued LIVE coverage from the #Dáil as Motion re Institutional Investors in the Residential Property Market is taken - view on Twitter, Facebook, online & on the Oireachtas TV channel #seeforyourselfhttps://t.co/lEqB3DaKmx https://t.co/bWFUv9BjfP
— Houses of the Oireachtas - Tithe an Oireachtais (@OireachtasNews) May 11, 2021
Minister Donohoe defended the Government's record on housing delivery:
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