Sinn F\u00e9in TD for Dublin South West has said that a change of Government is needed to end the housing crisis and that no one seriously believes that Fianna F\u00e1il or Fine Gael are capable of doing so.
Teachta Crowe was speaking on a Sinn F\u00e9in motion of the cost of living and the disastrous impact that investment funds are having on the Irish property and rental market.
Speaking in the D\u00e1il last night, Teachta Crowe said:
\u201cThe Minister and I know that investment funds are currently spending billions of euro in the Irish property market. They are hoovering up properties.
\u201cWe also know that workers and their families are locked out of the market and do not stand a chance when some big fund can just buy properties in bulk and offer 30% over the asking price. It is obscene that big funds pay hardly any tax and are making huge profits at the expense of Irish people. And why is this happening? It is because Fianna F\u00e1il and Fine Gael have prioritised the profits of investment funds and developers. Let the market decide; let it run amok with no controls. And who are the victims? It is young couples who come into our advice centres and young workers, nurses, garda\u00ed, council workers, civil servants, and factory workers.
\u201cThe Government has made its priorities clear and they are skewed, as are all the others, towards a wealthy elite. The Government\u2019s measures and plans only ever push up the cost of homes, meaning that many workers or families will be trapped in the rental market.
\u201cIf this continues, homelessness will increase as more and more workers\u2019 incomes flow into rents. Rents and house prices climb and do serious harm to lone parents and others who are disproportionately represented among the homeless and hidden homeless population.
\u201cDoes anyone seriously believe that the same parties that created the mess will somehow fix it with a magic wand? I do not believe that anyone trusts Fianna F\u00e1il or Fine Gael to solve the housing problems. Every so-called plan we have seen from this and previous Governments has been just another developer\u2019s charter.
\u201cSinn F\u00e9in would end tax breaks for big investment funds and ensure that local authorities and approved housing bodies are funded to buy some of these developments before they come on to the market in order to make them available to ordinary people to rent and buy at affordable prices.
\u201cSinn F\u00e9in is committed to building social and affordable housing, implementing rent controls and putting a month’s rent back in renters\u2019 pockets through a tax credit. It is time for others to be given a chance to do things differently.\u201d
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Sinn F\u00e9in TD for Dublin South West has said that a change of Government is needed to end the housing crisis and that no one seriously believes that Fianna F\u00e1il or Fine Gael are capable of doing so. Teachta Crowe was speaking on a Sinn F\u00e9in motion of the cost of living and the disastrous […]<\/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-4813","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/posts\/4813","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=4813"}],"version-history":[{"count":2,"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/posts\/4813\/revisions"}],"predecessor-version":[{"id":4817,"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/posts\/4813\/revisions\/4817"}],"wp:attachment":[{"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/media?parent=4813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/categories?post=4813"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/tags?post=4813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}