asked the Minister for Lands whether he is aware of the speculative buying of land here by nonnationals; whether such speculative buying is unfair to potential Irish purchasers whose capital resources are limited; and if he will make a statement on the policy of his Department in relation to the purchase of land, in congested and non-congested areas, by non-nationals.
Ceisteanna—Questions. Oral Answers. - Speculative Buying of Land.
There is no power or present intention to prevent private sales of land whether to nationals or non-nationals and as regards sales to non-nationals, I have no information that any considerable number of such transactions has taken place. The sale of land to a new owner in no way impairs the Land Commission's power to acquire such land for the relief of congestion, should such course prove necessary.