Murphy warns that this tax, which is calculated annually at three percent of the land’s market value, will disrupt the housing equilibrium across southern towns and villages. He fears it will lead to a two-tier housing system that discriminates against those less affluent.

Patrick Murphy, Aontu’s representative for Ireland South in the upcoming European election, has voiced concerns over the newly implemented residential land tax. Originating from West Cork’s Mizen Peninsula,

The tax, introduced in February, aims to stimulate residential development and increase state-wide housing numbers. However, Murphy argues it will bring distress, particularly to rural farmers with land unsuitable for housing. He predicts a future where only the wealthy can afford homes, exacerbating the existing housing crisis.

He believes this tax has left rural inhabitants in a dire situation, paying exorbitant amounts for homes they will never own. Furthermore, he criticizes the government for failing its people and points out the restrictive planning regulations preventing children from building on gifted land.

SOURCE LIMERICK LIVE