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Over 1,000 vacant homes in hands of State Banks: Doherty

24 November, 2016 - by Pearse Doherty TD

Sinn Féin Finance Spokesperson Pearse Doherty TD has said it is a scandal that the two State owned banks, AIB and Permanent TSB, have over 1,000 empty homes in their possession between them.

Permanent TSB confirmed to Deputy Doherty that they have 441 homes in their possession while AIB have 569 homes.

Deputy Doherty said:

“It is a scandal that AIB and Permanent TSB, banks owned by the people, have over 1,000 vacant homes sitting empty at a time of an out of control homelessness crisis and a housing market starved of supply.

“Permanent TSB has 441 vacancy homes while AIB has 569 homes in their possession. That is unacceptable at this time of crisis. They should hand them over to the State.

“It is perverse that banks that cost the people so much, contributing to the economic crisis are in the first place evicting the victims of that crisis and now sitting on empty homes when thousands are homeless.

“It is in the power of the Minister to tell the banks to hand over these houses for the purpose of housing the homeless. That is what should happen.  Any talk of relationship frameworks come a very distant second.

“Minister Coveney says the Housing Agency will purchase 200 of these homes. Yet in October 1,178 families were in emergency accommodation. Here we have a situation where all these families could be matched to a home if the political will existed.”


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