Labour and Sinn Féin claim scheme has inflationary effect, increasing price of housing for first time buyers
Labour and Sinn Féin claim scheme has inflationary effect, increasing price of housing for first time buyers
Mr Donohoe said “in order for plan ideas to be delivered, you would need banks be willing to lend”. He asked Mr Ó Broin to say “where is the commitment that the banks will lend to your plan”. Richard Boyd Barrett of People Before Profit said “the problem is, what you’re doing is you’re just throwing 100,000 quid into the pocket of the developer. Surely the better way to use the subsidy – and we do need the subsidy – is to drive it down, drive down the price. So the actual price is affordable for people.”
“It’s really important to say, the majority of homes being built in our capital city are built-to-rent investor fund homes that nobody can buy. Last year, there were over 6,000 apartments bought by investor funds. There were less than 800 bought by individuals.”Help with cost of fixing broken dishwashers and bikes under Green election pledge
Dail-Eireann Fine-Gael Fianna-Fail Sinn-Fein Social-Democrats People-Before-Profit-Solidarity-Pbps Labour-Party Katie-Hannon Housing-Crisis Help-To-Buy Darragh-O-Brien Eoin-O-Broin Rory-Hearne Ivana-Bacik Paschal-Donohoe Rte Richard-Boyd-Barrett
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