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Policy issues concerning Housing

In allocating just €2m of additional funding to the RTB for investigating and sanctioning non-compliance with the Rent Pressure Zone measures, and no additional funding for rent inspections and sanctions under other landlord and tenant legislation, the Government has shown that they are not serious about protecting tenants. 

Extending the Help to Buy Scheme for an additional two years subsidises the better off at the expense of providing sustainable and affordable homes for those in most need.

€147 million was spent on Emergency Accommodation for homeless peopled in 2018.  A mere fraction of this (less than €10 million) was spent on prevention.  In allocating €166m between emergency accommodation and homelessness prevention in Budget 2020, Government refused to change a policy that simply isn't working and, instead, look for real solutions.  

Ireland has signed up to achieve the Sustainable Development Goals by 2030 and is committed to legally binding climate commitments in 2020 and 2030.  We have a national commitment to be carbon neutral by 2050 yet we spend up to €4 billion every year on potentially environmentally damaging subsidies.

The ongoing confusion regarding the funding of applications to the SEAI Deep Retrofitting pilot is disappointing, particularly as one of the headline policies in the Climate Action Plan 2019 to ensure Ireland transitions to a low carbon future is increased retrofitting.  Will Budget 2020 deliver the resources required to establish a comprehensive and ambitious retrofitting programme?

A Site Value Tax would be a fairer and more efficient way to generate additional government revenue than the current Local Property Tax, and it would also incentivise better use of land at a time when Ireland faces a significant housing and accommodation crisis.

To achieve the objectives of providing adequate and appropriate accommodation in sufficient numbers, reducing social housing waiting lists and eliminating homelessness, Government must pursue the following four proposals in Budget 2020.

It is widely acknowledged that the availability of credit, coupled with ‘light touch’ financial regulation and Government policy contributed to the housing boom and bust which saw spiralling mortgage arrears, social housing waiting lists and homelessness.  Why then, are we so eager to recreate the mistakes of the past?

There are 2,700 properties to rent on the market, according to the latest Daft Rent Report, the lowest number of available rentals since the Report was first published in 2006.  The average asking rent is €1,366 – a year on year increase of 8.3%.  Notwithstanding inflation at a 6-year low, Dublin continues to see the highest rents, ranging from an average of €1,671 in the North County to €2,190 in the South.  Meanwhile rent inflation in Munster has reached an all time high of 12%, with rates in Connaught and Ulster also remaining high.  Government subsidies to private landlords have also increased in last number of years but how sustainable are these, and what are the alternatives?

Local government has the potential to transform our communities but that potential is not being realised.  It is time to harness this potential and deliver more power locally.

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