New Stamp Duty rate of 2% for commercial property

What do pinsters think of this move?

There is an industrial park near me (Wicklow) and half the units seem to be for rent/sale.

Yet down the road there is field for sale with a big sign saying its zoned commercial.

I’m not sure this change will have much affect to be honest. There seem to be much bigger forces at play…

According to one of the clever clogs working in a Commercial Estate Agents there has been a 100% drop in activity in the sector since 2008. So I think pretty much anything would be a help…

can’t find the quote online now but it was on the Irish Times website earlier…

100% drop you say!

Nothing to do with NAMA :angry:

Question: Does commercial include retail units?

yes, and it includes sites, farmland and goodwill.