Up to 50 percent of future housing estates could be reserved for first time buyers

It's one of a number of measures set to go before government ministers on Tuesday, aimed at tackling bulk-buying by so-called cuckoo funds

The Sunday Times reports a ban on the sale of housing estates under a certain density's also being considered.

Sinn Fein Housing spokesperson, Eoin O'Broin, says proposing to reserve half an estate for first time buyers isn't enough:

"It shouldn't be 50% It should be up to 100%, and obviously we have to wait to see the detail of what the government is actually proposing. But the idea that investment funds can come in and buy up whole estates, or even half an estate that was originally intended for owner occupiers and first time buyers is completely unacceptable."

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