Government's latest quango will not solve our housing crisis - Imelda Munster TD
Sinn Féin TD for Louth and Meath East Imelda Munster has said that the proposed Land Development Agency is a case of "the Government reverting to mistakes of the past, where the housing market is Private Developer Led and Private Developer Driven".
Deputy Munster said:
"This latest stunt highlights the government’s point blank refusal to provide funding for the roll out of a proper social and affordable house building programme.
"As Fine Gael and Minister Murphy give ‘state owned lands’ to private developers telling them that they only have to provide a mere 10% for social housing, there are almost 100,000 people on the social housing waiting list nationwide as well as all those who will never be in a position to own their own home.
"In Louth alone there are 4112 families on the housing list many of whom have been waiting for upwards of a decade to be housed. Meanwhile the government has consistently refused to fund Louth County Council to enable them to build social housing on the 50 acres of council owned land banks held throughout the county.
"And who will the proposed 30% in affordable homes serve? It certainly won’t be the 50% of our population who earn less than €28,000 per annum. The price of an affordable home was put forward yesterday as being in the region of €320,000 meaning that the purchaser will need to have €32,000 in savings for the deposit before they start; then they will have to follow that up with a mortgage of €288,000 for which they will need to be earning a minimum of €82,000 per annum in order to afford an ‘affordable home’.
"The Housing crisis will never be solved by this government. Instead they are reverting to mistakes of the past where the housing market is private developer led and private developer driven. They are ideologically opposed to funding the building of social and affordable housing.
"Local Authorities should be funded to develop the sites and council owned land banks to build social housing, affordable rental and affordable homes. That’s the only way to tackle the housing crisis."