Ireland has a complicated relationship with institutional property investment firms. On the one hand, policymakers and politicians know that funds are essential to help deal with Ireland’s depressing housing crisis. On the other hand, there has been a backlash against large international funds acquiring thousands of homes and apartments, and, according to the argument, pricing out domestic buyers from the market in the process. And nowhere is this juxtaposition more evident than in the area of Irish real estate trusts (Irefs).  Irefs were established in 2017 to channel foreign investment into Irish property.  However, a Revenue analysis in 2020 found…

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