Irish Housing and Renting Crisis Worsens
The chances of first-time buyers in the Republic being able to afford houses or apartments of their own continue to worsen and rents move eternally upwards while Government inaction ensures that no improvement is in sight. A particularly good analysis of the root causes and the continuing ones was given in an article by Dr. Rory Hearne, Assistant Professor/ Lecturer in Social Policy at the Department of Applied Social Studies, Maynooth University. He is the author of Housing Shock: The Irish Housing Crisis and How to Solve it (Policy Press, 2020). Some pertinent quotes from his article capture the overall position.
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Dr Rory Hearne: The Government does not want you to be able to afford to buy a home
The housing expert says the investor takeover of homes is no accident – it’s Government policy. By Rory Hearne Wednesday 5 May 2021, 5:00 PM 3 hours ago 33,533 Views 87 Comments Rory Hearne Lecturer in Social Policy
THE PUBLIC IS right to be enraged and worried about global investment funds buying up entire estates and apartment blocks. These homes are going to be rented out at inflated rents forever and will lock out those seeking to buy a home.
The Government has been called on to do something to stop this. Even Fianna Fáil politicians have come out crying crocodile te