As the Deputy will be aware, taxation is only one of the policy levers available to the Government through which to boost housing supply. Under my Department's Tax Expenditure Guidelines, the introduction of new tax incentive measures should only be considered in circumstances where there is a demonstrable market failure and where a tax based incentive is more efficient than a direct expenditure intervention.
I have no plans to introduce a relief along the lines suggested by the Deputy, and the question of any potential measures in this area will be kept under review in conjunction with the Minister for Housing, Local Government and Heritage.