Government policy forcing key workers priced out of cities - Crowe
Responding to a study by Halifax building society that exposed the inability of key public sector workers nurses, firefighters and teachers cannot afford to buy average-priced homes in Dublin, Galway, Cork and Waterford, Sinn Féin Social Affairs spokesperson Seán Crowe TD blamed government policy for pricing workers out of the cities.
The Dublin South-West TD said: “Teachers, firefighters and nurses are just some of our society’s key workers. However, like many other people in this state, they are finding it impossible to purchase homes in our major cities. This is what happens when housing provision is largely left to the market.
“The only winners in the housing market today are the property speculators, developers, estate agencies, the banks and solicitors. Young families are faced with crippling mortgages while Minister Noel Ahern is failing miserably to address Ireland’s housing crisis and to stand up to the aforementioned groups.
“House prices are estimated to continue to rise by 20% in the next two years. The fact that wage increases are lagging behind the explosion in house prices means that for many, owning their own home is an unrealistic and unattainable dream. Average house prices in Dublin are 14 times the average salary of public sector employees. These key workers are being priced out of cities by a government that values developers and property speculators over teachers and nurses.”