Just as a suggestion, on the assumption that SOME sort of property tax is coming in, if we were to have a two tier property tax scenario.
What I suggest is
1) Starting off, every house in the country pays say, €200 a year, which wouldn't be as bad as people are expecting.
2) However, when a house is sold, Stamp duty is either not charged or it is minimal, but that house then switches over to the new system of a higher property tax e.g €800-1000 a year (or higher depending on the house).
The advantages are
1) the concerns of people who have paid large amounts in Stamp Duty are in someway mitigated.
2) We would be moving away from once off transaction taxes.
3) As we are selling so few houses anyway, this is the perfect time to do this.
4) Surely it would find favour with the EU who have long been pressing for us to charge a property tax.
5) Perhaps it might help movement in the Property Sales as people wouldn't be faced with a big up front Stamp Duty payment.
Perhaps I have the amounts wrong but it's the general idea that I'm getting at.