Affordable purchase homes
Deputy O'Callaghan challenged the Government on the low delivery of affordable purchase homes under Housing for All and asked for the numbers. The Taoiseach said last year’s output was limited, this year’s target was about 4,000, and the pipeline was improving through the LDA, help-to-buy and cost-rental measures.
I wish to ask about Housing for All and the delivery of affordable purchase homes. According to a report from the Parliamentary Budget Office, homeownership among adults of prime working age has collapsed. Since 2012, house prices have grown by a staggering 77%. During the same period, wages only grew by 23%. On an international scale, housing in Ireland is rated as severely unaffordable.
In 2020, Fianna Fáil promised 10,000 affordable homes each year. Yesterday, I asked the Minister for Housing, Local Government and Heritage three separate times how many affordable purchase homes had been delivered last year and, on three separate occasions, he failed to answer. Will the Taoiseach answer now? How many affordable purchase homes were delivered last year?
Comment on this
First of all, last year there was not an enormous number of affordable homes completed.
Comment on this
The target this year will be approximately 4,000. Again, that will be challenging because we had to get a lot of legislation through the House in respect of affordable housing. The Deputy knows that. There was a lot of debate here to give the underpinning to the Land Development Agency, LDA, and other measures. The Deputy talks about affordability. We did extend the help-to-buy scheme and thousands and thousands of people have had their capacity to buy houses enhanced by the help-to-buy scheme, which many Members objected to in the House. It was an affordability measure that was introduced.
A range of measures have now been introduced.
Comment on this
The help-to-buy scheme is inflationary.
Comment on this
I think the pipeline is becoming much stronger, particularly in respect of cost-rental and other affordable housing schemes.
Comment on this
Will the Taoiseach tell us how many?