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Government must launch ambitious affordable housing programme - Eoin Ó Broin TD

11 April, 2018 - by Eoin Ó Broin TD

Sinn Féin Housing spokesperson, Eoin Ó Broin TD has commented on a report by financial services group Friends First, which predicts further rise in house prices by 10% this year.  

Deputy Ó Broin said:

“The latest report on the housing market predicts a further rise in prices by 10%. This is unsustainable.

“This government is indifferent to the plight of those struggling to afford a home. People are taking a week off work and queuing in the rain for a chance to buy a home in the Taoiseach’s own constituency. 

"This is not how a functioning housing market behaves. People are desperate.

“Despite programme for government commitments to roll out an affordable scheme nothing yet has materialised. The Rebuilding Ireland loan scheme does nothing to make the price of houses more affordable and with a limit of €320,000 most homes in Dublin where the problem is most acute are too expensive.

“I find it astonishing that the government is not listening to warnings from industry on this issue, never mind from Sinn Féin and NGOs working in the sector.

“Minister Murphy needs to make the roll out of an affordable housing scheme an absolute priority for the upcoming Dáil term.  He has been in the job long enough to know what needs to be done.

“Sinn Féin is happy to meet with him and his officials to explore how our costed Budget 2018 proposals can be progressed. We have outlined how affordable homes can be delivered within the fiscal space on state land.

“We allocated €428m for 2018 to kickstart an affordable housing programme that would deliver 4,500 genuinely affordable homes to rent and to purchase. This government will deliver zero affordable homes in 2018.”

“Any further unsustainable rise in house prices is not a symptom of a booming economy. It just highlights how unstable the housing market is.  

“Minister Murphy needs to pull his head out of the sand and urgently address the housing needs of a huge and growing cohort of people who cannot afford to live in the city they work in.”

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