Rent crisis and housing supply
Richard Boyd Barrett argued soaring rents were driving homelessness and proposed a rent authority to set rents by income. After procedural exchanges, the Taoiseach said the report showed a severe shortage of rental supply and that the answer was to build more homes quickly.
I add my voice to the condolences to Austin Currie's family on his recent passing. It is a sobering thought that the momentous events that propelled him into activism and the civil rights movement that followed in the North started with housing. It is on that question I wish to question the Taoiseach. Today's daft.ie figures are a further indication that the dire situation in unaffordable rents is becoming a catastrophe. It is contributing directly to homelessness and to incredible hardship for people. Will the Taoiseach seriously reconsider the Government's strategy on limiting further increases to 2% or claiming that additional supply will address the problem? During the period of the Celtic tiger, 70,000 to 90,000 houses a year were coming on stream and rents and house prices went up. The idea that unaffordable supply will solve the problem is nonsense.
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It is not actually.
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What I propose is that we set up a rent authority to set rents and to reduce them to affordable levels based on people's income.
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You did not even give me a minute.
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You did not.
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You did not.
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I stated earlier in response to other questions that the rent situation is hugely challenging for renters. We need more supply. If anything, the report shows the scarcity of units available now to rent. That is what it really illustrates, the absolute scarcity of apartments and houses. We need to build more, and we need to get them built as quickly as we possibly can. Everybody needs to facilitate the construction of the various schemes that have been planned that are ready to go. That should be our focus right now.