Speaking on RTÉ’s Morning Ireland, Dr Lorcan Sirr said the State’s role in the housing market has gone from about 11% five years ago to nearly 25% now.
“So the State is buying one in four of all brand new houses. At the same time we see the amount of houses being bought by first-time buyers is going down and we see the number of housing coming for sale on the market has reduced considerably.”
Dr Sirr said data from the Department of Housing reveals that two local authorities, including Minister for Housing Darragh O’Brien’s own Fingal County Council and Taoiseach Micheál Martin’s Cork City Council, did not build any social housing last year, or buy any.
He said South Dublin County Council, “which has 5,000 households on the housing waiting list”, built just two and bought none.
All this week RTÉ’s Prime Time put the problem of a generation, unaffordable housing, in the spotlight. Housing is an urgent issue that affects everyone, every day. To reflect this, a digitally led project on rte.ie/prime time will host a week of in-depth analysis, data and video content from Monday morning, publishing every day at 7am, as well two dedicated live television programmes.
On Thursday, RTÉ Prime Time will also employ the use of augmented reality in studio as they look at home ownership presenting the facts and statistics and the changing demographics.
Can this end well?
Prime Time on Tuesday and Thursday on RTE One at 9.35pm.
https://t.co/cH99bwGT1P said the average asking price for monthly rent between July and September was €1,516 – up 2.6% on the first quarter of this year and more than double the low of €742 per month seen in late 2011. https://t.co/RqyZ2agvT5