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Dáil
‹ Ceisteanna ar Pholasaí nó ar Reachtaíocht - Questions on Policy or Legislation

Housing affordability and missing figures

Summary

Deputy Holly Cairns challenged the Government on soaring house prices and rents, and repeatedly asked for social and affordable housing figures. The Tánaiste pointed to record overall building and social housing delivery, but did not provide the affordable breakdown and said more action is needed.

House prices and rents are at record highs. Nothing the Government does seems to have an impact on affordability. In fact, all of its policies seem to be designed to do one thing, namely, drive prices even higher. The figures say it all. Since the Government took office, house prices have increased by 25%. That is an increase of nearly €70,000 since 2020. Rents for new tenancies are up by more than €4,200 per year. People now have to come up with an extra €4,000 per year for rent, while trying to buy a house that costs an average of €70,000 more than before this Government took office. That is the Government record on housing. The Tánaiste says he is interested in delivering affordable homes but the Government has missed its social and affordable housing targets every year. We are still waiting for the figures to be published for last year. When will they be published? What is the delay?

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We exceeded our targets for housebuilding last year, with close to 33,000 being built in 2023. Up to 143,000 houses have been constructed since we came to office.

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How many were social and affordable?

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There was a record 10,000 social houses in 2022. Last year, we delivered 12,000 social houses. We are now getting to a stage-----

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How many affordable?

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Social. Please let me finish. In the context of the first home scheme and help-to-buy scheme, we have reached the stage of record levels in the drawdown of mortgages by first-time buyers. We have to do more because the population is increasing. We are working extremely hard-----

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When will the Government publish the figures?

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-----with a variety of measures to increase affordability and enable young people to afford a house.

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Is the Tánaiste saying that the figures are not going to be published?

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We know we are not there yet and a lot more needs to be done.

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The Tánaiste did not answer the question.

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There is no doubt there has been a significant change in the three years post Covid-----

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Will the Government publish the affordable figures?

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-----and taking Covid into account.

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Catherine Connolly An Leas-Cheann Comhairle Independent

We are over time.

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