Sinn Féin - On Your Side

Housing Crisis will deepen thanks to Budget 2017 – Ó Broin

11 October, 2016 - by Eoin Ó Broin TD

Sinn Féin Housing spokesperson Eoin Ó Broin TD has said that the ‘housing and homeless crisis will deepen thanks to the anaemic measures announced in today's budget.’ The Dublin Mid-West deputy said that ‘only a significantly larger capital investment in social housing can provide the homes that struggling families need’.

Deputy Ó Broin said:

“Minister for Housing Simon Coveney has accepted that we are in the midst of a housing crisis and that urgent action is required. However, on the basis of what his colleagues Michael Noonan and Paschal Donoghue have announced it is now clear that his Government does not agree with him.

“The tax and spend measures announced today show that Fine Gael are continuing with the same failed housing policies that have dominated Fine Gael and Fianna Fail governments for decades.

“At a time when homelessness is at historic levels and people are being priced out of the rental and first time buyers’ market, Budget 2017 will simply make matters worse.

“Michael Noonan’s first time buyers scheme, available on homes up to the value of €600,000 will simply drive prices even higher and lock greater numbers of people out of home ownership. It is also very telling that Government thinks that struggling first time buyers are considering purchasing homes between €400,000 and €600,000.

“Pascal Donoghue’s increase in capital investment in social housing is a miserly €150m which will deliver less than 900 new houses. Housing Associations are to be given an extra €17.3m which will deliver less than 100 extra social houses.

“The fact that the Governments increased subsidies for private landlords is almost the same as funding for real social housing is also telling. It demonstrates that they neither understand the causes of the housing crisis nor have the will to introduce the necessary solutions.

“Budget 2017 has nothing meaningful for homeless families, families struggling on housing waiting lists, those paying excessive rents or those unable to purchase a family homes.

“Sinn Féin proposed real alternatives in our pre budget submission. We detailed how a progressive government could invest in social housing, reform the private rental sector and reduce demand and increase the supply of private housing.

“Once again Fine Gael, Fianna Fail and their supporters on the independent benches have refused to listen. They have once again set their face against real reform of our housing system. The losers will be those without a home or struggling to maintain their home.” 

Connect with Sinn Féin