January 22, 2021
Housing supply crisis can only be addressed by increasing state investment in public homes – Eoin Ó Broin TD

Eoin Ó BroinSinn Féin spokesperson on Housing Eoin Ó Broin TD has commented on the Central Bank’s projection that up to 23,000 fewer homes will be built between 2020 and 2022 due to the ongoing Covid-19 restrictions.

Teachta Ó Broin said:

“The Central Bank has warned that with fewer homes being delivered, combined with rising demand due to a build-up of savings, the housing crisis could be exacerbated due to a lack of supply.

“The warning is stark, but it is not unprecedented. The Covid-19 restrictions were always going to impact the delivery of new homes.

“Unfortunately, this government will fuel this rising demand for homes, which will lead to higher houses prices, with the introduction of their ‘affordable’ housing shared equity scheme.

“The most effective way to address the supply crisis is to double capital investment in public housing and reform the public spending code to deliver more social and affordable homes faster.

“In our Alternative Budget for 2021, Sinn Féin pledged to commence the largest public house building programme in the history of the state.

“We would increase capital expenditure for social and affordable housing by an additional €1.5bn on last year’s levels, bringing the total capital spend to €2.8bn

“This would deliver 12,000 real social homes, 4,000 affordable rental homes and 4,000 affordable purchase homes.”

Follow us online

Latest Tweets

Gardaí must be given all necessary support to end scenes of intimidation at Malahide Road – Pa Daly TD

"This is a community under attack from people determined to spread fear and hate. The community wants the mindless violence to stop immediately."

There are serious questions to be answered about the use of Shannon Airport. We're talking about potential complicity in Israeli genocide.

The time has come to impose sanctions on Israel's regime, which has been responsible for the deaths of up to 185,000 people @Farrell_Mairead

Cllr. Mícheál Mac Donncha condemns ‘deplorable’ violent criminal acts on Malahide Road

"This is an effort to spread fear and hate in our communities and the vast majority of decent people want nothing to do with it."

The next time a ball is kicked for the European Championship, it could be at Casement Park!

This is our time to shine on the global stage. Let’s make it happen!

#Euro2028

Load More