Under the new housing legislation, investors will face a 10% stamp duty charge when buying more than 10 houses at a time - up from the current rate of 1%.
Meanwhile an 'owner occupier guarantee' will aim to ringfence up to 50% of homes in new developments for owner occupiers.
But apartment developments will not fall under the new rules. The Government insist that international investment is needed to ensure supply in 'urban and high-density areas.'
Aidan Regan is Associate Professor at the School of Politics and International Relations at University College Dublin, and he joined Kieran to spell out what this means for the future of the city centre.