Dublin South West Sinn F\u00e9in TD Se\u00e1n Crowe has said the publication of the latest house price figures from the Central Statistics Office paints \u201ca really bleak picture for potential homebuyers\u201d.
Teachta Crowe said:
\u201cThe latest Central Statistics Office house price index shows that prices are continuing to rise and are up by 4.5% state-wide in last 12 months, with house prices up 5% in Dublin City during the same period.
\u201cOutside of Dublin, house prices were up by 4.9% and apartment prices rose by a whopping 11.3%.
\u201cThis residential property price inflation highlights once again that prices are continuing to rise, and homes are increasingly out of reach for most homebuyers.
\u201cTo place this growth in perspective, there has been a 91% increase in house prices state-wide since 2013.
\u201cBuying a home has become an increasingly difficult and bleak prospect for ordinary workers on decent incomes and I genuinely believe that the current government does not comprehend the scale of the problem and the challenge facing those looking to buy their own home.
\u201cThe alternatives, particularly for those based in Dublin, such as renting for longer to save isn\u2019t an option, with monthly rents now higher than any other European cities.
\u201cOptions for most homebuyers are shrinking and home ownership is becoming a pipedream for the majority.
\u201cWe need to reverse this trend and start providing people with more than a glimmer of hope.
\u201cThe only real answer is for the State to step in, deliver affordable purchase homes that people can afford, at a vastly increased scale, with no hidden or unmanageable charges.
\u201cThe government has an opportunity with its new housing policy and with Budget 2022 to truly make a difference for all those ordinary workers struggling to buy a home.\u201d
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Dublin South West Sinn F\u00e9in TD Se\u00e1n Crowe has said the publication of the latest house price figures from the Central Statistics Office paints \u201ca really bleak picture for potential homebuyers\u201d. Teachta Crowe said: \u201cThe latest Central Statistics Office house price index shows that prices are continuing to rise and are up by 4.5% state-wide […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4594","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/posts\/4594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/comments?post=4594"}],"version-history":[{"count":2,"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/posts\/4594\/revisions"}],"predecessor-version":[{"id":4598,"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/posts\/4594\/revisions\/4598"}],"wp:attachment":[{"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/media?parent=4594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/categories?post=4594"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/tags?post=4594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}