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Third Quarterly “Dublin Economic Monitor” shows continued pressure on accommodation – Cllr Denise Mitchell

28 October, 2015 - by Denise Mitchell

Speaking ahead of the launch this morning of the 3rd Quarterly Dublin Economic monitor Sinn Féin General Election candidate and Councillor for Beaumont Donaghmede Denise Mitchell said,

“Dublin is the engine behind any economic recovery and while we see some positive shoots in the areas of car licensing and visitor numbers though Dublin Airport what concerns me is the continued pressure on housing supply.

Residential rents have increased on apartments and houses in Dublin for the 9th consecutive quarter.  This would be very much what I am experiencing in my area of Dublin North Bay.

Families are being forced into homelessness because of soaring rents. 

Be it those on rent support payments or those on lower incomes who may be working, they cannot meet the huge demands that landlords are now putting on them.

She further added,

“There is a need for not just social housing but affordable housing as well as housing that people can rent at a reasonable rate.

There needs to be a collective approach here to the housing crisis.

Over €1.3 million people are now living across the four Dublin local authorities and this is an increase of 2.4% in 2015. There is an added need to address the housing crisis.

We want Dublin to be an attractive place for people to live and to visit but the shortage in accommodation is now seriously affecting job creation in the Capital.

We will lose Foreign Direct Investments and job opportunities for Dublin Citizens if we cannot provide accommodation.

The government’s poor attempt at providing any solutions in this regard have not been good enough.  We need rent certainty and we need a serious commitment to building homes in the capital”

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