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8th October 2019 | Economy, Housing, Press Releases

Budget 2020 fails to address our housing crisis – Greens

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Responding to the housing measures announced in Budget 2020, Green Party Housing Spokesperson Deirdre Ní Fhloinn said:

“The Government has failed to provide affordable housing options and to stop the flow of families and individuals into homelessness. They are continuing to rely on the private market to deliver homes for sale and rental without tackling the issue head-on and providing funding to build social housing and to build affordable housing. 

“Continuing the Help to Buy scheme without addressing underlying affordability problems and supply is going to keep young people shackled into mortgages for unaffordable homes, at risk of interest rate increases and paying huge amounts of their income in mortgage repayments.

“Renters who are paying 50% of their income on rents in Ireland’s towns and cities will get nothing from this budget.  The Government’s reliance on the private rental sector has proved catastrophic and has accelerated the homelessness crisis instead of addressing it.”

Read our 2020 pre-budget submission here.