EU report finds caps on cuckoo fund borrowing ‘a better way to cool rental market than caps’

An EU report has found that caps on the amount of credit that cuckoo funds can borrow to finance property developments could lower rents better than a rent cap.

The study by the European Systemic Risk Board (ESRB) – one of the bloc’s key financial regulators – also cited “high” debt levels at property funds based in Ireland.

https://www.independent.ie/business/personal-finance/property-mortgages/limiting-cuckoo-funds-borrowing-a-better-way-of-cooling-rental-market-than-caps-eu-report-finds-41917020.html EU report finds caps on cuckoo fund borrowing ‘a better way to cool rental market than caps’

Fry Electronics Team

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