Upcoming Events

National | Housing

no events match your query!

New Events

National

no events posted in last week

Blog Feeds

Human Rights in Ireland
A Blog About Human Rights

offsite link Saudi Human Rights Violation Fri Aug 09, 2019 20:41 | Human Rights

offsite link China?s LGBT Community Mon Apr 15, 2019 19:19 | Human Rights

offsite link Declaration of Human Rights at Sea Mon Apr 08, 2019 07:31 | Human Rights

offsite link NZ Watchdog On Limits Of Free Speech Thu Mar 28, 2019 11:44 | Human Rights

offsite link US Abortion Restrictions Violating The Human Rights Of Women Thu Mar 14, 2019 15:33 | Human Rights

Human Rights in Ireland >>

Cedar Lounge
For lefties too stubborn to quit

offsite link Independents? 12:33 Tue Aug 20, 2019 | guestposter

offsite link Bleak 10:32 Tue Aug 20, 2019 | WorldbyStorm

offsite link Safety last 08:33 Tue Aug 20, 2019 | WorldbyStorm

offsite link Memorial garden 07:37 Tue Aug 20, 2019 | WorldbyStorm

offsite link 1989 revisited: 19 August ? East Germans cross the border in Hungary into Austria 12:59 Mon Aug 19, 2019 | WorldbyStorm

Cedar Lounge >>

Dublin Opinion
Life should be full of strangeness, like a rich painting

offsite link Some Thoughts on the Brexit Joint Report 11:50 Sat Dec 09, 2017

offsite link IRISH COMMONWEALTH: TRADE UNIONS AND CIVIL SOCIETY IN THE 21ST CENTURY 14:06 Sat Nov 18, 2017

offsite link Notes for a Book on Money and the Irish State - The Marshall Aid Program 15:10 Sat Apr 02, 2016

offsite link The Financial Crisis:What Have We Learnt? 19:58 Sat Aug 29, 2015

offsite link Money in 35,000 Words or Less 21:34 Sat Aug 22, 2015

Dublin Opinion >>

NAMA Wine Lake

offsite link Test ? 12 November 2018 Mon Nov 12, 2018 14:28 | namawinelake

offsite link Farewell from NWL Sun May 19, 2013 14:00 | namawinelake

offsite link Happy 70th Birthday, Michael Sun May 19, 2013 14:00 | namawinelake

offsite link Of the Week? Sat May 18, 2013 00:02 | namawinelake

offsite link Noonan denies IBRC legal fees loan approval to Paddy McKillen was in breach of E... Fri May 17, 2013 14:23 | namawinelake

NAMA Wine Lake >>

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