Meath Rents Spiral 16.7%, Highest Annual Increase in the Country – Tóibín
Speaking today on the massive rise in average rents in Co. Meath, Sinn Féin TD Peadar Tóibín said:
“Meath Rents have increased by 16.7% in the last year, making them the fastest growing rents in the country. Despite the Minister of State for Housing Damien English coming from County Meath, tenants are getting hammered by exorbitant rents.
“Housing is a key need of all families, but increasingly housing affordability either through rent or purchase is out of reach for regular normal families. This is a crisis of epic proportions as 4,000 people remain on housing lists in Meath, hundreds of families find themselves living with relations or friends and dozens of families find themselves living in emergency accommodation. Trim Court is still chock a block with the collateral damage of the last housing crash weaving themselves through the legal system.
“The Fianna Fáil/Fine Gael Rent Pressure Zones are obviously inadequate where they exist but shockingly towns such as Navan, Trim and Kells, in the county with the highest rent increases are excluded.
“The key issue is Fine Gael have been in government for over 6 years, yet the supply of new houses is glacial. According to the CSO, there are only been on average of 1700 houses built each year in the state over the last 5 years. Where the Government has a direct role, the building of new social houses, the figures are even more dramatic. In the teeth of the worst housing crisis since the foundation of the state, the Government has only built on average 170 new houses each year with just 75 constructed in 2015.
“91,600 households are on local authority waiting lists, 4,875 homeless adults and 2, 546 children are in emergency accommodation, the average house price is €200,000 plus, 80,000 families are in mortgage arrears and 5 families a day are losing their homes. This Government’s record on what is a national emergency is in tatters.”