Upcoming Events

National | Housing

no events match your query!

Blog Feeds

Spirit of Contradiction

offsite link The Party and the Ballot Box Sun Jul 14, 2019 22:24 | Gavin Mendel-Gleason

offsite link On The Decline and Fall of The American Empire and Socialism Sat Jan 26, 2019 01:52 | S. Duncan

offsite link What is Dogmatism and Why Does It Matter? Wed Mar 21, 2018 08:10 | Sylvia Smith

offsite link The Case of Comrade Dallas Mon Mar 19, 2018 19:44 | Sylvia Smith

offsite link Review: Do Religions Evolve? Mon Aug 14, 2017 19:54 | Dara McHugh

Spirit of Contradiction >>

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link Public Services Card: Some still forced to comply

offsite link Catholic Church: Dark influence still active Anthony

offsite link Tom Parlon launches new career in comedy Anthony

offsite link Presumption of innocence does not universally apply in Ireland Anthony

offsite link The poor standard of Irish political journalism Anthony

Public Inquiry >>

The Saker
A bird's eye view of the vineyard

offsite link Macron?s ?Uberization? pension model: odd-jobbing can?t provide a salary, how can it provide a pensi... Sun Dec 15, 2019 23:58 | The Saker
By Ramin Mazaheri for The Saker Blog Ramin Mazaheri is the chief correspondent in Paris for Press TV and has lived in France since 2009. He has been a daily

offsite link The Baltic states are horrified of losing the Russian transit Sun Dec 15, 2019 19:42 | Scott
by Ruslan Ostashko Translated by Nikolai Subtitled by Scott Source The Balts with their typical sluggish thinking have started figuring out the consequences of losing the Russian transit. The horror

offsite link Special Report: Putin Links Up With Xi, Give Permission to Open Gas Flow On New Pipeline! Sat Dec 14, 2019 18:42 | amarynth

offsite link United Kingdom: from the Brexit vote on June 23 (2016) to the general election on December 12 (2019) Fri Dec 13, 2019 23:14 | The Saker
By Paul Schmutz Schaller for The Saker Blog In June 2016, Brexit was accepted by 51.9% against 48.1%. This was a political sensation and a huge blow against the arrogance

offsite link Turkey Boosts Military Presence In Northeast Fri Dec 13, 2019 16:23 | Scott
Syrian War Report ? December 13, 2019: Turkey Boosts Military Presence In Northeast Members of al-Qaeda-linked Hayat Tahrir al-Sham repelled a Syrian Army attack on the area of al-Katibat al-Mahjura

The Saker >>

Dramatically rising house prices further evidence of the fundamental failure and incompetence of Fine Gael Housing policy

category national | housing | press release author Thursday April 20, 2017 22:21author by pbp Report this post to the editors

Press Release - People Before Profit - April 20th 2017

Richard Boyd Barrett- Dramatically rising house prices further evidence of the fundamental failure and incompetence of Fine Gael Housing policy

Inflated personal debt and further evictions will now compound the already dire housing and homelessness crisis

In a statement, Richard Boyd Barrett TD, for the People Before Profit Alliance has said the latest figures showing a continuing and dramatic rise in house prices was “further evidence of the fundamental failure and incompetence of Fine Gael’s housing policy.”

Deputy Boyd Barrett said “the continuing rise in house prices was a direct result of Fine Gael’s policy of almost complete reliance on the private sector to solve a housing crisis, that can only be solved by a return to large-scale council housing construction by the state itself.”

Deputy Boyd Barrett said the government’s help-to-buy scheme was “totally misguided and inevitably destined to drive house prices up to the benefit of private developers.” He said “any imagined benefit to first-time buyers is now being cancelled out by the dramatic increases in house prices.”

Deputy Boyd Barrett said that the rise in house prices, “once again raises the spectre of inflating mortgage indebtedness to unsustainable levels and repeating the disastrous mistakes that led to the property bubble and crash which took place between 2002 and 2008.”

Deputy Boyd Barrett said, “The only way to solve the housing crisis and dampen the increases in house prices was for the state to massively increase its stock of low-cost public housing, through a massive emergency programme of council house construction and compulsory acquisition.”

He continued: “A major emergency programme of direct council house construction and compulsory acquisition could help those in the most dire need, suffering homelessness or rotting for years on housing lists, but it would also help stabilise or even bring down house prices for those trying to buy on the private market.”

Deputy Boyd Barrett added that the rise in house prices was “likely to lead to a further spate of evictions as property owners, currently letting to private tenants, will see an opportunity in capitalising on rising prices and move to sell their properties.”

Deputy Boyd Barrett said the house price increases also “further highlighted the utter stupidity and folly of the government’s policy regarding NAMA.” He said, “NAMA’s massive portfolio of property that could have been used to solve Ireland’s housing crisis had it been transferred into full public ownership has instead been sold-off at bargain basement prices to property vultures and speculators, who are now making an absolute killing from rising property prices and rents. To add insult to injury these speculators and vultures will pay little or no tax on their massive profits because of tax loop-holes engineered specifically for their benefit.”

Deputy Boyd Barrett concluded: “On the most basic thing imaginable: housing; putting a roof over the heads of citizens, this government has totally and utterly failed. Simon Coveney’s Re-building Ireland Housing Plan is a total con-job and fiasco, compounding six years of utterly failed policy with a plan that will further enrich developers and speculators while hundreds of thousands of families and households suffer the consequence of not having a secure or affordable home. If for nothing else, this government should be flung out on its ear for the disaster they have created in housing.”

Related Link: http://www.peoplebeforeprofit.ie/2017/04/richard-boyd-barrett-dramatically-rising-house-prices-further-evidence-of-the-fundamenta...licy/
© 2001-2019 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy