Greedy Tiger: 50% Priced out of Homes

national | rights, freedoms and repression | press release

Saturday April 10, 2004 00:20

by goodbye heart

“Everybody knows land speculators and developers are ripping off the people of this state, and that this government either doesn’t have the guts, or isn’t interested in standing up to them.”

Responding to reports today that almost half of all those living in Dublin and a third of all those living outside Dublin will not be able to afford a home in two year’s time, Dublin EU election candidate Mary Lou McDonald said “Everybody knows land speculators and developers are ripping off the people of this state, and that this government either doesn’t have the guts, or isn’t interested in standing up to them.”
The reports are based on a study by Trinity College professor PJ Drudy, which points out that while salaries are rising on average 3% a year, the price of new homes are rising by 11-19% annually. There are currently over 48,000 families or almost 140,000 people on the 26-County housing waiting list - which doesn’t include Travellors, people with disabilities, or refugees.
Ms McDonald said"
“In his study, Professor Drudy points out that in many other European countries, the right to housing is enshrined in the constitution. Sinn Féin has been campaigning for this to happen for some time now, and submitted a document to the All Party Oireachtas Committee on the Constitution dealing with the issue of private property and the right to housing, just last year.
“The study’s findings will come as no surprise to anybody who’s currently struggling to get on the property ladder. The average price of a house in Dublin is €300,000, and only slightly less around the rest of the country. Everybody knows land speculators and developers are ripping off the people of this state, and that this government either doesn’t have the guts, or isn’t interested in standing up to them. In fact Noel Ahern tried to defend his government’s housing policy today. He should sit down with some of the young people I’ve met who are despairing because they know they have been priced out of ever owning their own home.
“This state needs a housing strategy and a housing agency to co-ordinate all aspects of housing provision. The right to housing has to be enshrined in the constitution. There has to be investment in affordable and social housing. Capital Gains Tax on speculative owners of multiple dwellings, needs to be increased and a statutory ceiling must be introduced on the price of land zoned for housing, to stop speculation and reduce soaring house prices. These are just some of Sinn Féin’s proposal’s, which will help to solve the massive housing crisis in this state.”

save preference

Comments (2 of 2)

It would be nice to build some of these in the path of the great 'Cu' Cullen

by Housing Activist

Sat Apr 10, 2004 00:29

http://www.indymedia.org.uk/en/2004/04/288737.html

It has to stop.

by john mcdermott - Remove Fianna Fail Party

Sat Apr 10, 2004 02:05

Ashtown Dublin

Let it not be forgotten that the banks and building societies are also in criminal partnership with Fianna Fail in the greatest rip off of the century ,of our young people so desperate to own a home at any price.
If these amoral,greedy, profit driven organizations were using prudent lending criteria and the old rules which restricted loans to a multiple of annual income were still in force the housing rip off would come to a standstill.
The same banks,which aided and abetted thousands of businessmen to avoid paying their taxes through off shore a and fraudulent 'non resident'accounts ,and got off virtually scott free for their crimes-are now complicit in the great housing gouge of our young by 'Friends of Fianna Fail.'
Fianna Fail will never -and can never reform the status quo as their relationship with landowners,builders and big business is so intertwined as to preclude that possibility.The current Oireachtas report and recommendations will gather dust, in government Archives,as did the last report on this subject commissioned over a decade ago.
Fianna Fail is 'Big Business' ;Fianna Fail is 'The Builders Party';Fianna Fail is the Embodiment of Corruption since the day that C.J.H.hijacked it,many years past.
I do not believe it is capable of re-inventing itself.Even now 'Cu Cullen is driving new highways out from 'The Pale',having soaked Dublins citizens dry,-the new speculators,farmers,and landowners of the hinterlands,await the arrival of our dispossed youth,who will be fleeced once again in the towns of navan ,Trim,Kells,etc,and face a long (and expensive )commute into Dublin all for the privilege of owining a home of their own
Civil servants -,who dont want to leave-can consider themselves lucky!-they won't have so far to travel for gainful employment thanks to their forced repatriation.

Upcoming Events

New Events

Other Press

User Preferences

Feeds

Blog Feeds

Anti-Empire

The Saker

Public Inquiry

Greedy Tiger: 50% Priced out of Homes

Comments (2 of 2)