Earlier this month, it was reported that the new Government was to consider tax breaks for property developers to boost investment in housing. A week later, the new minister for finance let it be known that he was ruling out such measures – ostensibly on the basis that they were, if not the root cause, then a key driver of the Celtic Tiger housing bubble and crash. Some of this may, of course, be politics, in particular a Fianna Fáil source suggesting one thing and then a Fine Gael minister shooting it down. It may even be a bit of…

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